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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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Introduction to Management Accounting
Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta
16th edition
978-0133058819, 9780133059748, 133058816, 133058786, 013305974X , 978-0133058789
