The inflation rates in the us economy for 2000 through 2003, Ask an Expert

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The inflation rates in the U.S. economy for 2000 through 2003 are 3.4%, 2.8%, 1.6%, and 2.3%, respectively. What was the purchasing power of a dollar at the beginning of 2004 compared to that at the beginning of 2000? (Round your answer to the nearest cent.)

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