As stated in my contract with the University of Michigan, my salary, starting in August 2021 will be $200,000. Assuming

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answerhappygod
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As stated in my contract with the University of Michigan, my salary, starting in August 2021 will be $200,000. Assuming

Post by answerhappygod »

As stated in my contract with the University of Michigan, my
salary, starting in August 2021 will be $200,000. Assuming an
inflation rate of 8% over this five-year period, what will my 2021
income be, stated in year 2016 dollars?
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