Suppose that currently the consumer prices index (CPI) is 359.7 and that at the same time last year it was 343.5. If an index-linked pension was £503 per month this time last year, calculate how much...

Suppose that currently the consumer prices index (CPI) is 359.7 and that at the same time last year it<br>was 343.5.<br>If an index-linked pension was £503 per month this time last year, calculate how much it should be per<br>month now. (Give your answer to the nearest pound. Do NOT include the '£' sign. Assume the pension is<br>index linked using the CPI.)<br>Answer:<br>

Extracted text: Suppose that currently the consumer prices index (CPI) is 359.7 and that at the same time last year it was 343.5. If an index-linked pension was £503 per month this time last year, calculate how much it should be per month now. (Give your answer to the nearest pound. Do NOT include the '£' sign. Assume the pension is index linked using the CPI.) Answer:

Jun 07, 2022

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Suppose that currently the consumer prices index (CPI) is 359.7 and that at the same time last year it was 343.5. If an index-linked pension was £503 per month this time last year, calculate how much...

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