Posted by
**Tammy** on
.

I am having trouble with this question, please help.

If a person makes $30,000 in 2004 and the inflation rate is 4% annually, how much is this salary worth in the year 2008 (in terms of 2004 dollars)?

Thursday

March 30, 2017
Posted by
**Tammy** on
.

I am having trouble with this question, please help.

If a person makes $30,000 in 2004 and the inflation rate is 4% annually, how much is this salary worth in the year 2008 (in terms of 2004 dollars)?

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