Multiple Choice
Janelle earned a salary of $40,000 in 1996 and $65,000 in 2006.The consumer price index was 160 in 1996 and 266 in 2006.Janelle's 2006 salary in 1996 dollars is
A) $39,097.74.
B) $43,062.50.
C) $68,900.00.
D) $108,062.50.
Correct Answer:
Verified
Correct Answer:
Verified
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