Posted by **diane** on Wednesday, January 18, 2012 at 5:47pm.

Which of the following salaries will have a purchasing power of $24,035 if the inflation rate is five percent?

A-$25,815

B-$27,523

C-$26,000

D-$25,300

- math -
**Henry**, Friday, January 20, 2012 at 3:46pm
100% 5% = 95% = 0.95.

0.95x = 24,035,

X = $25300.

- consumer math -
**Kayla**, Tuesday, February 21, 2012 at 4:49pm
The graph represents the purchasing power if the inflation is 12%. Estimate the purchasing power of a monthly salary of $3000?

## Answer This Question

## Related Questions

- consumer math - Which of the following salaries will have a purchasing power of...
- math - Which of the following salaries will have a purchasing power of $24,035 ...
- math - Please someone show me how to work this one out? Suppose Caroline is a ...
- economics - Suppose Caroline is a cinephile and buys only movie tickets. ...
- math..urgent pleasehelp :( - the purchasing power (in dollars) of an annual ...
- economics - which of the following statements about inflation are true? check ...
- math - Nancy had an income of $26,500 this year. If the inflation rate was 11 ...
- math - Perry made $34,885 this year. If the inflation rate was 6.5 percent, how ...
- Finance - (Inflation) A projectâ€™s initial investment is $40,000, and it has a ...
- math - If your annual income from a part-time job is $4523, and the inflation ...

More Related Questions