Question

In 1999, Lucasfilm released Star Wars Episode 1: The Phantom Menace. Although many fans diledit and consider it one of the worst movies in the franchise think Bikes it remains the highest-growing film of all time being The Hobbit: An Unexpected Journey at 12) with gross revenue of $107 bilion in 2019 dolar, mot accounting for nation the CPI was 167.17 in 1999 and 251.49 in 2019, what is the inflation-adjusted value of Episode 1 in 1999 dollars? If your answer is 17.5 billion dollars.type in 17.5", NOT 1.750,000,000 Round your answer to heo (2) decimal places Chick Save and to end within All Aw wal

Answer 1

Ans: 682.67

Explanation:

Inflation adjusted value of Episode 1 in 1999 dollars = $1,027 billion * (167.17 / 251.49)

                                                                                   = $682.67 billion