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Company Job Rate Effective Date A $18.80 Jan 1, 2020 B $17.70 Dec 1, 2019 C $22.35 May 1, 2020 D $26.40 July 1, 2020

Company

Job Rate

Effective Date

A

$18.80

Jan 1, 2020

B

$17.70

Dec 1, 2019

C

$22.35

May 1, 2020

D

$26.40

July 1, 2020

E

$16.50

Sept 1, 2020

The annual inflation rate is 2.1%. Calculate the monthly inflation rate to 3 decimal places.The effective date of you new wage schedule is Feb 1, 2021.

For Company A, what is the aged Job Rate?

$18.90

$19.03

$19.23

$19.80

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