subject
Mathematics, 17.10.2020 14:01 robert7248

Mary Sue was a dedicated company employee. She worked for the same company for 32 years (1986 to 2018). Mary Sue once noted β€œWhen I started working here in 1986, I was making $20,000.
Now I’m making about $60,000!”
a) By what percent has Mary Sue’s salary increased over the years?
b) Inflation from 1986 to 2018 was about 130%, meaning increase $1 in 1986 by 130% to get its
equivalent value in 2018:
130% of $1: $1(1.3) = $1.30
Increase by 130%: $1 + $1.30 = $2.30.
So, $1 in 1986 has the same value as $2.30 in 2018.
Knowing this, what might someone say was Mary Sue’s β€œtrue” percent increase in salary over
the years? (i. e., what is her percent salary increase when adjusted for inflation?).

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 17:50
For what values of x is x2 + 2x = 24 true?
Answers: 2
question
Mathematics, 21.06.2019 19:10
The linear combination method is applied to a system of equations as shown. 4(.25x + .5y = 3.75) β†’ x + 2y = 15 (4x – 8y = 12) β†’ x – 2y = 3 2x = 18 what is the solution of the system of equations? (1,2) (3,9) (5,5) (9,3)
Answers: 1
question
Mathematics, 21.06.2019 22:00
Given sinβˆ… = 1/3 and 0 < βˆ… < Ο€/2 ; find tan2βˆ… a. (4√2)/9 b. 9/7 c. (4√2)/7 d.7/9
Answers: 2
question
Mathematics, 21.06.2019 23:30
I'm a polygon i have no parallel lines i am formed 3 line segments i have one right angle two of my angles are angles what am i
Answers: 1
You know the right answer?
Mary Sue was a dedicated company employee. She worked for the same company for 32 years (1986 to 20...
Questions
question
Mathematics, 01.12.2020 20:20
question
Biology, 01.12.2020 20:20
question
Mathematics, 01.12.2020 20:20
question
Mathematics, 01.12.2020 20:20
question
Health, 01.12.2020 20:20
question
Mathematics, 01.12.2020 20:20
question
Mathematics, 01.12.2020 20:20
Questions on the website: 13722363