Karryn Bilski made $2,400,000 in 2001, the base year. By 2004 she was earning $3,600,000. If the CPI rose to 120 by 2004, how much were her real wages that year, and by what percentage had they changed? Real wages (2004): $ Percentage change = %

Corporate Fin Focused Approach
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Chapter4: Time Value Of Money
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Karryn Bilski made $2,400,000 in 2001, the base year. By 2004 she was earning $3,600,000. If the CPI rose to 120 by 2004, how
much were her real wages that year, and by what percentage had they changed?
Real wages (2004): $
Percentage change =
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Transcribed Image Text:n Chapter 16 Problems i 4 https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https... eBook Mc Graw Hill Type here to search % O Saved Karryn Bilski made $2,400,000 in 2001, the base year. By 2004 she was earning $3,600,000. If the CPI rose to 120 by 2004, how much were her real wages that year, and by what percentage had they changed? Real wages (2004): $ Percentage change = < Prev 4 of 5 a O Next > Next A Q ****. (95) Minecraft Xb Qo 91°F ^
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