Caroline lives in City A and earns $50,000 per year.The cost of living index in City A is .8.She is considering a move to City B which has a cost of living index of .9.How large a salary will she require in City B to maintain her current standard of living?
A) $44,444
B) $40,000
C) $56,250
D) $45,000
E) $50,000
Correct Answer:
Verified
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