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Suppose your salary in 2013 is $75,000. If the annual inflation is 6%, what salary do you need to make in 2022 in order for it to keep up with inflation? Round your answer to the nearest cent, if necessary
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Suppose your salary in 2013 is $75,000. If the annual inflation is 6%, what salary do you need to make in 2022 in order for it to keep up with inflation? Round your answer to the nearest cent, if necessary

User Anthony Simmon
by
4.4k points

1 Answer

9 votes

Answer:

79500.00

Explanation:

75000(1 + .06) = 79500

User MattTreichel
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5.7k points
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