Solve the problem.Find the salary in 2006 dollars that would be equivalent to a $100,000 salary in 2018. Assume an average annual inflation rate of 3.75% between 2006 and 2018. Round your answer to the nearest cent.
A. $68,127.00
B. $66,778.33
C. $64,289.90
D. $66,179.00
E. $69,202.05
Answer: C
Mathematics
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