Constant 2020 Dollars for select years. Year Unadjusted Federal Minimum Wage Adjusted Federal Minimum Wage in Constant 2020 Dollars 1985 $3.35 $8.19 1990 $3.80 $7.69 2000 $5.15 $7.87 2010 $7.25 $8.63 2020 $7.25 $7.25 Use the values in the table above to interpolate/extrapolate (whichever is appropriate) the value of minimum wage in adjusted 2020 dollars for each the years requested. Round intermediate values to three decimal places if needed. Round the final answer to two decimal places. 5. a. Predict adjusted wages in (d) 2009 Does this prediction require interpolation or extrapolation? b. Predict adjusted wages in (e) 2031 Does this prediction require interpolation or extrapolation?

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