## Related questions with answers

Question

**Now move the cursor to cell C4, which holds the new CPI index number. Enter a new index number of 187.5.**

Now enter a new CPI of 179 .9 in cell C4. Will the employees get COLA? What is the reason?

Solution

VerifiedThe employees will not get COLA since the old and new CPI are identical. This means that there was no inflation this year.

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