The minimum hourly wage was P50 in 1960 and P257.50 in 2000. What is the average annual inflation rate in the minimum wage? O 14.27% O 10.36% O 4.18% 8.32%

Fundamentals Of Construction Estimating
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ISBN:9781337399395
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Chapter18: Life-cycle Costing
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The minimum hourly wage was P50 in 1960 and P257.50 in 2000. What is the average annual
inflation rate in the minimum wage?
O 14.27%
O 10.36%
O 4.18%
O 8.32%
Transcribed Image Text:The minimum hourly wage was P50 in 1960 and P257.50 in 2000. What is the average annual inflation rate in the minimum wage? O 14.27% O 10.36% O 4.18% O 8.32%
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