QRINC offered new employees a starting salary of $34,862 in 2013. What would a comparable starting salary have been in 2003?

Complete Question

Table of Annual CPI values

2003-184.00            

2004-188.90

2005-195.3

2006-201.6

2007-207.342

2008-215.303

2009-214.537

2010-218.056

2011-224.939

2012-229.594

2013-232.957

2014-236.736

QRINC offered new employees a starting salary of $34,862 in 2013. What would a comparable starting salary have been in 2003?

Step-by-step explanation:

From the question we are told that

CPI for 2003(index)=2003-184.00  

CPI for 2013(index)=2013-232.957  

Starting salary in 2013 at $34,862

Generally  comparable starting salary C is given as

Therefore C the comparable starting salary is givrn to be

use the power rule  

( a b ) n = a n b n

to distribute the exponent.

apply the product rule to  

3 x 2 y 3 . ( 3 x 2 ) 2 ( y 3 ) 2

apply the product rule to  

3 x 2 . 3 2 ( x 2 ) 2 ( y 3 ) 2

raise  

3

to the power of  

2 . 9 ( x 2 ) 2 ( y 3 ) 2 multiply the exponents in   ( x 2 ) 2

.

apply the power rule and multiply exponents,  

( a m ) n = a m n . 9 x 2 ⋅ 2 ( y 3 ) 2

multiply  

2   by   2 . 9 x 4 ( y 3 ) 2

multiply the exponents in  

( y 3 ) 2 .

apply the power rule and multiply exponents,  

( a m ) n = a m n . 9 x 4 y 3

⋅

2

multiply  

3   by   2 . 9 x 4 y 6

step-by-step explanation: