A market basket is made up of three goods, 100X, 120Y, and 180Z. The prices in year one are $1.20, $2.10, and $3.25, respectively. The prices in year two are $1.44, $2.23, and $3.88. Assume year one to be the base year: The consumer price index in the base year is equal to________. The approximate consumer price index in year two is equal to__________.
(Make sure you show your calculation and round up to the nearest hundredth)
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