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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 -

    100% 5% = 95% = 0.95.
    0.95x = 24,035,
    X = $25300.

  • consumer math -

    The graph represents the purchasing power if the inflation is 12%. Estimate the purchasing power of a monthly salary of $3000?

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