Lauren Mauer's salary a year ago was $52,000. If inflation during the year was 3.5 percent in Tampa where she lives, how much of a decline in her purhasing power occurred? Also, what would be her purchasing power if deflation of 1 percent occurred?
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Lauren Mauer's salary a year ago was $52,000. If inflation during the year was 3.5 percent in Tampa where she lives, how much of a decline in her purhasing power occurred? Also, what would be her
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- Laureen Mauer’s salary a yearago was $52,000. If inflation during theyear was 3.5 percent in Tampa whereshe lives, how much of a decline in herpurchasing power occurred? Also, whatwould be her purchasing power if deflationof 1 percent occurred?Inflation Laureen Mauer's salary a year ago was $51,000. If inflation during the year was 3 percent in Tampa where she lives, how much of a decline in her purchasing power occurred? Enter the dollar answer as a positive value. Round your answer to the nearest dollar. $ Also, what would be her purchasing power if deflation of 2 percent occurred? Round your answer to the nearest dollar. $Cody Sebastian, of Lubbock, Texas, earns $56,000 a year. He pays 14 percent of his gross income in federal, state, and local taxes. He has fixed expenses in addition to taxes of $2,000 per month and variable expenses that average $1,300 per month. What is his net cash flow (surplus or deficit) for the year? Enter negative values with minus sign. Round your answer to the nearest dollar. $ surplus or deficit
- Carmen Santiago decided to invest $12,000 in shares of the AT&T company that pays her 5% in dividends each year. In 5 years, she will sell the shares for market value, which she estimates will have increased in value by 1% of their original value. The combined marginal tax rate she applies is 39%. If the inflation rate is 6%, DETERMINE: The internal rate of return before taxes, ignoring inflationa. Inflation is expected to average 4% for the long term and Mr. Smith earned $74,000 this year, how much must he earn in 20 years just to keep up with inflation and maintain the balance between his income and his increasing expenditures?I received an increase salary from 35000 a year to 37000 a year. If inflation is 5% a year was i financially better off this year or last year?
- Suppose you purchased a house in San Diego in January of 1994 for $75,000. You then sold that house in December of 2006 for $350,000. Assume that the CPI rose in that period from 107 to 180. What was your total nominal rate of return? How about your annual nominal rate of return? What was your total real return? How about you annual real return?Inflation is expected to be 4% in the coming year. If Mr. Gonzo earned 37,000 this year how much must he earn in the following year to keep up with inflation and maintain a balance between his income and his increasing Expenditures.An engineer in 1950 was earning $6,000 a yaer. In 2011, she earns $60,000 a year. However, on average, goods today cost 8.2 times whatthey did in 1950. a.) What is her real income in 2011 in terms of constant 1950 dollars? b.) Calculate her salary's annual inflation rate and the cost of goods annual inflation rate.
- If a family spent $250 a week on their typical purchases in 1950, how much would those purchases have cost in 1980? If your salary in 1980 was $30,000 a year, what would be the real value of that salary in terms of 1950 dollars?Joshua Vermier of Sacramento, California, received a raise after his first year on the job to $45,400 from his initial salary of $42,200. What was Joshua’s raise stated as a percentage? Inflation averaged 3 percent for the year. Round your answer to one decimal place. % What was his real income after the raise? Round your answer to nearest dollar. $ What was his real raise stated as a percentage? Round your answer to one decimal place. %Katie recently retired and met with her financial planner. She arranged to receive $45,000 the first year. Because of inflation each year she will get $580 more than she received the previous year. A. What income will she receive in her 11th year of retirement? B. How much money will she have received in total during her first 11 years of retirement?