ng table shows the Consumer Price Index (CPI), which uses the year 1983 D%). What is the equivalent 1983 yearly salary to a worker who earned $

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 31PPS
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The following table shows the Consumer Price Index (CPI), which uses the year 1983 as a baseline
(1983 100%). What is the equivalent 1983 yearly salary to a worker who earned $40,000 in the
year 2010? Round to the nearest cent.
Year
2010
CPI
220.22
2009
216.69
2008
211.14
2007
211.08
2006
202.42
2005
198.3
2004
190.7
Transcribed Image Text:The following table shows the Consumer Price Index (CPI), which uses the year 1983 as a baseline (1983 100%). What is the equivalent 1983 yearly salary to a worker who earned $40,000 in the year 2010? Round to the nearest cent. Year 2010 CPI 220.22 2009 216.69 2008 211.14 2007 211.08 2006 202.42 2005 198.3 2004 190.7
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