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    Contemporary Business Mathematics Study Set 1
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    Exam 3: Ratio, Proportion, and Percent
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    Penny Earned $26 000 in 2007
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Penny Earned $26 000 in 2007

Question 142

Question 142

Essay

Penny earned $26 000 in 2007. If the Consumer Price Index in 2007 was 111.5 and in 2009 was 114.4, what did Penny have to earn in 2009 just to keep up with inflation?

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Penny's real income in 2007 wa...

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