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Asia Started Working as a Professional Engineer in 2002 Earning

Question 17

Multiple Choice

Asia started working as a professional engineer in 2002 earning $64 500 per annum. In 2013, she is earning $88 100 per annum. The CPI in 2013 is 131 based on year 2002. What is the actual increase in Asia's pay in terms of 2002 dollars?


A) $2752
B) $23 600
C) -$2450
D) $19 995
E) $3605

Correct Answer:

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