jennymex69 jennymex69

01-06-2023
Mathematics

Answered

In 2021 a 30-second commercial during the Super Bowl cost $5.6 million and the CPI was approximately 271.4. Assuming that price changes are simply due to inflation, what would the same 30 second commercial have cost during the first Super Bowl in 1967, when the CPI was 33.4? Round your answer to the nearest hundred dollars.

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