3. Comparing salaries from different times Consider golfers who led the Professional Golfers' Association of America (PG

[answerhappygod]

3 Comparing Salaries From Different Times Consider Golfers Who Led The Professional Golfers Association Of America Pg 1 (22.41 KiB) Viewed 45 times

3. Comparing salaries from different times Consider golfers who led the Professional Golfers' Association of America (PGA) in winnings at different points in time. Note that the winnings are nominal figures (unadjusted for inflation). To convert the original earnings of Palmer, Trevino, and Norman, use the formula for converting dollar figures from an earlier era into year 2016 U.S. dollars. Using those figures, fill in the following table, making sure to round your responses to the nearest U.S. dollar. Nominal Winnings (Dollars) Year Golfer U.S. CPI (1983= 100) 30.6 Winnings in 2016 Dollars 1963 Arnold Palmer 128,230 1970 Lee Trevino 157,037 38.8 1986 Greg Norman 653,296 109.6 2016 Dustin Johnson 9,365,185 240.0 9,365,185 True or False: According to the previous table, the golfer with the highest PGA winnings in nominal dollars is not the same as the golfer with the highest PGA winnings after adjusting for inflation. O True