Assume that the average annual inflation rate, Other Subject

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Assume that the average annual inflation rate

Kathleen just received a bonus from EG. She is excited because her dad started his career with EG. If her bonus of $30,000 is equivalent to the bonus paid to her dad 25 years ago, how much was her dad's bonus? Assume that the average annual inflation rate was 3.8%.

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Ask an Expert for Answer!!

Other Subject: Assume that the average annual inflation rate

Reference No:- TGS0125922

Recent Questions Asked Other Subject

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