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Science-Related Homework Help Mathematics Topic started by: ikrabbe on Nov 26, 2017



Title: Cindi's annual incomes for 2002, 2006, and 2009 were $25 000, $51 000, and $42 800 respectively. ...
Post by: ikrabbe on Nov 26, 2017
Cindi's annual incomes for 2002, 2006, and 2009 were $25 000, $51 000, and $42 800 respectively. Given that the Consumer Price Index for the three years 100.0, 109.1, and 114.4 respectively, compute Cindi's real income for 2006 and 2009.


Title: Re: Cindi's annual incomes for 2002, 2006, and 2009 were $25 000, $51 000, and $42 800 ...
Post by: yacom on Nov 26, 2017
Cindi's real income in 2006 =  (100) = $46 746.10
Cindi's real income in 2009 =  (100) = $37 412.59