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30 June, 01:17

Quinn has job offers in Wrexington and across the country in Charlieville. The Wrexington job would pay a salary of $50,000 per year, and the Charlieville job would pay a salary of $40,000 per year. The CPI in Wrexington is 150, and the CPI in Charlieville is 90. Refer to Scenario 24-4. The Charlieville salary in Wrexington dollars is Select one: a. $60,000.00 b. $26,666.67. c. $66,666.67. d. $24,000.00.

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  1. 30 June, 02:07
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    c. $66,666.67.

    Explanation:

    Provided that

    Wrexington job paying a salary for $50,000 per year

    Charlieville job paying a salary for $40,000 per year

    The CPI in Wrexington is 150

    The CPI in Charlieville is 90

    So, by considering the above information, the Charlieville salary in Wrexington dollars is

    = Charlieville job paying a salary * CPI in Wrexington : CPI in Charlieville

    = $40,000 * 150 : 90

    = $66,666.67
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