recent college graduate has received the annual salaries shown in the following table over the past four years. During this​ time, the CPI has performed as indicated. Determine the annual salaries in ​year-zero dollars ​ (b=​0), using the CPI as the indicator of general price inflation.   End of Year Salary​ (A$) CPI 1 ​$35,000      2.4​% 2 36,500     1.8​% 3 39,000     3.3​% 4 41,000     3.5​% Fill in the following table. ​(Round to the nearest​ dollar.)   EOY Salary​ (R$ in Year​ 0) 1 ​ 2 ​ 3   4

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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A recent college graduate has received the annual salaries shown in the following table over the past four years. During this​ time, the CPI has performed as indicated. Determine the annual salaries in ​year-zero dollars
​ (b=​0),
using the CPI as the indicator of general price inflation.
 
End of Year
Salary​ (A$)
CPI
1
​$35,000
    
2.4​%
2
36,500    
1.8​%
3
39,000    
3.3​%
4
41,000    
3.5​%
Fill in the following table. ​(Round to the nearest​ dollar.)
 
EOY
Salary​ (R$ in Year​ 0)
1
2
3
 
4  
 
 
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