Suppose your salary in $2013$ is $$50,000.$ Assuming an annual inflation rate of $9\%,$ what salary do you need to earn in $2020$ in order to have the same purchasing power? $($Round your answer.ta$.$two decimal places.$)$

$5$

aT:

$$

$x$

$$

Need Help? $$

Suppose your salary in $2013$ is $$50,000.$ Assuming an annual inflation rate of $9\%,$ what salary do you need to earn in $2020$ in order to have the same purchasing power? $($Round your answer.ta$.$two decimal places.$)$

$5$

aT:

$$

$x$

$$

Need Help? $$