We appreciate your visit to The movie Return of the Jedi earned 264 million in 1983 when it was released The CPI in 1983 was 97 8 and the CPI. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Answer:
Earnings in 2010 = $589 million
Explanation:
Given
CPI1 = Consumer Price Index (CPI) in 1983 when the movie was released = 97.8
E = Earnings in 1983 = $264 million
CPI2 = Consumer Price Index (CPI) in 2010 = 218.342
Earnings is 2010 is calculated by:
Earnings = CPI2/CPI1 * E
Earnings = 218.342/97.8 * $264 million
Earnings = 2.23 * $264 million
Earnings = $589.39 million
Earnings = $589 million ---- Approximated
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