Question
Year Annual CPI 2010 218.056 2000 172.200 1990 130.700 1980 82.400 Jennifer Marlowe was making $53,475 in 1980. Use the CPI table to determine what
Year
Annual CPI
2010
218.056
2000
172.200
1990
130.700
1980
82.400
Jennifer Marlowe was making $53,475 in 1980. Use the CPI table to determine what her salary would be in 2010, if it kept up with inflation since 1980.
Round answer to the nearest dollar, do not include $ in your answer.
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An Introduction to the Mathematics of Financial Derivatives
Authors: Ali Hirsa, Salih N. Neftci
3rd edition
012384682X, 978-0123846822
