QuestionIn 1973, a Mets ticket was \$1.30. What would it cost in 2019 using the CPI of 44.4 and 255.657? Round to the nearest cent.

Studdy Solution
Calculate the cost of the ticket in2019.
$$Ticket\, cost_{2019} = \$1.30 \times5.76 \approx \$7.49$$The cost of the ticket in2019 would be approximately $7.49.