LINEAR RELATION VERSUS CHANGING RATIOS Christiaan is a car seller who needs to adjust the prices each year on the cars he sells due to inflation. Rather than keep track of inflation, he simply increases the price of cars by an amount of R10 000 each year. However, he has recently decided to check what the price of his vehicles should be. He finds the following table that indicates the average inflation in the price of cars over the past 4 years: Year % Inflation 2020 9,6% 2021 2022 2023 6,8% 7,8% 6,7% 1.1 Explain what inflation is. (2) 17?
