Thank you for visiting 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 is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!
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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