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Consider the following Average earnings index (AEI) with 1987 as a base year. Year 1987 1990 1993 1996 1999 ΑΕΙ 100 117 114 124 149 If a worker earned $151 in 1990, how much do they need to be paid in 1999 to have kept pace with the average earnings index? (2 d.p.)

Consider the following Average earnings index (AEI) with 1987 as a base year. Year 1987 1990 1993 1996 1999 ΑΕΙ 100 117 114 124 149 If a worker earned $151 in 1990, how much do they need to be paid in 1999 to have kept pace with the average earnings index? (2 d.p.)

Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section2.1: Equations
Problem 70E
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Consider the following Average earnings index (AEI) with 1987 as a base year. Year 1987 1990 1993 1996 1999 ΑΕΙ 100 117 114 124 149 If a worker earned $151 in 1990, how much do they need to be paid in 1999 to have kept pace with the average earnings index? (2 d.p.)
Transcribed Image Text:Consider the following Average earnings index (AEI) with 1987 as a base year. Year 1987 1990 1993 1996 1999 ΑΕΙ 100 117 114 124 149 If a worker earned $151 in 1990, how much do they need to be paid in 1999 to have kept pace with the average earnings index? (2 d.p.)
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