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 1708 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?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

For a complete list of videos, visit our video library