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Mr. Dubey • 100.69K Points
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Q. The average starting salary for engineers for 2008 is $53,000. What is the equivalent salary in terms of purchasing power of 2000? Assume that the general inflation rate over the last 8 years is known to be 4%.

  • (A) 34980
  • (B) 38727
  • (C) 72534
  • (D) 40276
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