This topic contains a solution. Click here to go to the answer

Author Question: Find the salary in 2014 dollars that would be equivalent to a $70,000 salary in 2018. Assume an ... (Read 883 times)

deesands

  • Hero Member
  • *****
  • Posts: 514

Question 1

Find the salary in 2010 dollars that would be equivalent to a $67,750 salary in 2018. Assume an average annual inflation rate of 3% between 2010 and 2018. Round your answer to the nearest cent.
◦ $53,482.48
◦ $50,510.36
◦ $50,412.36
◦ $52,863.44
◦ $56,082.98

Question 2

Find the salary in 2014 dollars that would be equivalent to a $70,000 salary in 2018. Assume an average annual inflation rate of 3.25% between 2014 and 2018. Round your answer to the nearest cent.
◦ $63,595.72
◦ $59,510.89
◦ $63,789.13
◦ $61,593.91
◦ $61,953.15


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by deesands on May 5, 2020

Moriaki

  • Sr. Member
  • ****
  • Posts: 341
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly




 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

For a complete list of videos, visit our video library