In 2008,Cameron began his career with SBC.His starting salary was $32,000.By 2012,his salary increased to $35,000.If the CPI was 100.0 in 2008 and 107.5 in 2012,Cameron's 2012 real income is
A) $32,000.
B) $32,558.
C) $34,400.
D) $37,625.
E) $35,000.
Correct Answer:
Verified
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