Questions LLC
Login
or
Sign Up
Ask a New Question
Questions
Mathematics
Perry made $34,885 this year if the inflation rate was 6.5% how much was his salary actually worth
1 answer
s = 34885 / (1 + .065)
You can
ask a new question
or
answer this question
.
Related Questions
If a lab technician has a salary of 22000 her first year and is due to get a 500 raise each year, then what will her salary be
1. Ken bought a car last year to drive back and forth to work. Last year he spent $1,098 on gas. This year, it was $1,562. What
salary increases: A man gets a job with a salary of $30000 a year. He is promised a $2300 raise each subsequent year. Find the
Suppose you’ll have an annual nominal income of $40,000 for each of the next 3 years, and the inflation rate is 4 percent per
a job pays a salary of $19,00 the first year. during the next 10 years the salary increases by 4% each year. what is the
Suppose last year's inflation rate was 5%, but Wall Street analysts expect this year's interest rate to be 4%. Which of the
If the consumer price index is 105 in Year One and 110 in Year Two, what is the rate of inflation from Year One to Year Two?
4.5%
When inflation causes the price of an item to increase the new cost C and the original cost c are related by the formula
Every employee's salary at the Sunrise Software Company increases each year by 1/10 of that person's salary the previous year.
A:
Perry made $34,885 this year. If the inflation rate was 6.5 percent, how much was his salary actually worth? (purchasing power)