Solve the problem.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.

A. $49,220.90
B. $50,762.46
C. $50,443.72
D. $50,942.17
E. $48,911.10


Answer: C

Mathematics

You might also like to view...

Use the figure below to answer the following question(s). An optimal Hamilton circuit in this graph has weight

A. 6. B. 7. C. 1,000,004. D. 10. E. none of these

Mathematics

Use an integer to express the number.One country exported $63,700,000 more than it imported, giving it a positive trade balance.

A. -63,700,000 B. 63,700,000

Mathematics

Solve the problem.Suppose a car rental company charges $106 for the first day and $56 for each additional or partial day. Let  represent the cost of renting a car for x days. Find the value of 

A. $358 B. $308 C. $386 D. $414

Mathematics

Perform the indicated operation and simplify. ? 

A.
B.
C.
D.

Mathematics