queenbri9399
Answered

Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Get quick and reliable solutions to your questions from a community of experienced experts on our platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

QRINC offered new employees a starting salary of $34,100 in 2013. What would a comparable starting salary have been in 2003?

Sagot :

Austin394

Answer:

Table of Annual CPI values

2003-184.00            

2004-188.90

2005-195.3

2006-201.6

2007-207.342

2008-215.303

2009-214.537

2010-218.056

2011-224.939

2012-229.594

2013-232.957

2014-236.736

QRINC offered new employees a starting salary of $34,862 in 2013. What would a comparable starting salary have been in 2003?

Answer:

Step-by-step explanation:

From the question we are told that

CPI for 2003(index)=2003-184.00  

CPI for 2013(index)=2013-232.957  

Starting salary in 2013 at $34,862

Generally  comparable starting salary C is given as

 

 

Therefore C the comparable starting salary is givrn to be

 

 

Step-by-step explanation:

We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.