Question
QUESTION 2 Spenser's income was $50,000 and his wife's income was $35,000 in the year 2017. Also, the CPI in year 2017 was 212.5.
QUESTION 2 Spenser's income was $50,000 and his wife's income was $35,000 in the year 2017. Also, the CPI in year 2017 was 212.5. In 2018, the CPI went up to 272.2 and the income did not change for the couple. What is the equivalent income amount for Spenser and his wife in 2018? a. $85,000 b. $90,880 Oc. $97,900 O d. $95,000
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Managerial Accounting
Authors: Susan V. Crosson, Belverd E. Needles
8th Edition
9780618777174, 618777180, 618777172, 978-0618777181
