Kims annual incomes for 2005, 2007, and 2011 were $50 000, $60 000, and $65 000, respectively.

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Kim’s annual incomes for 2005, 2007, and 2011 were $50 000, $60 000, and $65 000, respectively. Given that the Consumer Price Index for the three years was 107.0, 111.5, and 119.9, respectively, compute Kim’s real income for 2005, 2007, and 2011.
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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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