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A product's price over 5 years is tracked: Year 1 = 15, Year 3 = 24, Year 5 = $30. If Year 3 is selected as the base year (Index = 100), what is the price index for Year 5?
A product's price over 5 years is tracked: Year 1 = 15, Year 3 = 24, Year 5 = $30. If Year 3 is selected as the base year (Index = 100), what is the price index for Year 5?