Dewey Earned a Salary of $75,000 in 2001 and $95,000

question 59

Multiple Choice

Dewey earned a salary of $75,000 in 2001 and $95,000 in 2006.The consumer price index was 177 in 2001 and 266 in 2006.Dewey's 2006 salary in 2001 dollars is

• A)$47,768.36.
• B)$63,214.29.
• C)$84,550.00.
• D)$142,768.36.

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