e average annual cost of living in Illinois, California, and Oregon are displayed in the table below:   State Average Annual Cost of Living Illinois $58,000 California $70,000 Oregon $64,000 Suppose you are earning a salary of $65,000 per year in Illinois. Your employer asks you to transfer to the California office. Based on the average annual cost of living, what is

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.5: Percent Of Change
Problem 26E
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The average annual cost of living in Illinois, California, and Oregon are displayed in the table below:

 

State

Average Annual Cost of Living

Illinois

$58,000

California

$70,000

Oregon

$64,000

Suppose you are earning a salary of $65,000 per year in Illinois. Your employer asks you to transfer to the California office. Based on the average annual cost of living, what is the lowest possible salary you will accept? Round your answer to the nearest whole dollar. Explain your reasons.

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