Macmillan Learning Inflation and Money End of Chapter Problem The average household income in the United States in 1975 was $13,800, and the CPI was 53.8. Convert the average income in 1975 to 2018 dollars. The CPI was 251.1 in 2018. Round your answer to the nearest cent. 1975 income in 2018 dollars: $ O Macmillan Learning Inflation and Money - End of Chapter Problem In 2003, Julia Roberts was paid a then-record shattering $25 million for her role in the film Mona Lisa Smile. The CPI that year was 184. In 2013, Sandra Bullock was paid $70 million for the film Gravity. The CPI in 2013 was 233. Round answers to two decimal places. a. Convert Julia Roberts' salary into 2013 dollars. b. Convert Sandra Bullock's salary into 2003 dollars. million million

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Macmillan Learning
Inflation and Money
End of Chapter Problem
The average household income in the United States in 1975 was $13,800, and the CPI was 53.8. Convert the average income in
1975 to 2018 dollars. The CPI was 251.1 in 2018.
Round your answer to the nearest cent.
1975 income in 2018 dollars: $
Transcribed Image Text:Macmillan Learning Inflation and Money End of Chapter Problem The average household income in the United States in 1975 was $13,800, and the CPI was 53.8. Convert the average income in 1975 to 2018 dollars. The CPI was 251.1 in 2018. Round your answer to the nearest cent. 1975 income in 2018 dollars: $
O Macmillan Learning
Inflation and Money - End of Chapter Problem
In 2003, Julia Roberts was paid a then-record shattering $25 million for her role in the film Mona Lisa Smile. The CPI that year
was 184. In 2013, Sandra Bullock was paid $70 million for the film Gravity. The CPI in 2013 was 233.
Round answers to two decimal places.
a. Convert Julia Roberts' salary into 2013 dollars.
b. Convert Sandra Bullock's salary into 2003 dollars.
million
million
Transcribed Image Text:O Macmillan Learning Inflation and Money - End of Chapter Problem In 2003, Julia Roberts was paid a then-record shattering $25 million for her role in the film Mona Lisa Smile. The CPI that year was 184. In 2013, Sandra Bullock was paid $70 million for the film Gravity. The CPI in 2013 was 233. Round answers to two decimal places. a. Convert Julia Roberts' salary into 2013 dollars. b. Convert Sandra Bullock's salary into 2003 dollars. million million
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