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

Author Question: Find the salary in 2012 dollars that would be equivalent to a $75,000 salary in 2017. Assume an ... (Read 1687 times)

809779

  • Hero Member
  • *****
  • Posts: 579

Question 1

Find the salary in 2008 dollars that would be equivalent to a $60,000 salary in 2018. Assume an average annual inflation rate of 1.75% between 2008 and 2018. Round your answer to the nearest cent.
◦ $48,911.10
◦ $50,942.17
◦ $50,762.46
◦ $49,220.90
◦ $50,443.72

Question 2

Find the salary in 2012 dollars that would be equivalent to a $75,000 salary in 2017. Assume an average annual inflation rate of 2.25% between 2012 and 2017. Round your answer to the nearest cent.
◦ $60,038.26
◦ $66,013.24
◦ $66,289.07
◦ $67,929.81
◦ $67,103.42


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by 809779 on May 5, 2020

JaynaD87

  • Sr. Member
  • ****
  • Posts: 368
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?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

For a complete list of videos, visit our video library