Product / Base year (year 1) / Price in the base year / Price in the base year 2 / Price in year 3
Pizza / 25 / $2.50 / $3.13 / $3.75
T- Shirts / 2 / $20.00 / $18.00 / $20.00
Rent / 1 / $300.00 / $330.00 / $360.00
1. The inflation rate between year 1 and year 2 is {___}% (round both answers to one decimal place.)
2. The inflation rate between year 2 and year 3 is {__}%.