Solve the following problem. Kims annual incomes for 2013, 2015, and 2017 were $50 000, $60 000,
Question:
Solve the following problem.
Kim’s annual incomes for 2013, 2015, and 2017 were $50 000, $60 000, and $65 000, respectively. Given that the Consumer Price Index for the three years was 122.8, 126.6, and 130.4, respectively, compute Kim’s real income for 2013, 2015, and 2017.
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The real income for 2013 is 4094671 50000 1228 the real income for 2015 is 4748147 60000 1266 ...View the full answer
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Related Book For 
Contemporary Business Mathematics With Canadian Applications
ISBN: 9780135285015
12th Edition
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
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