What must samantha salary be to have same purchasing power


Problem

Samantha receives a starting salary offer of $30,000 for year 1. If inflation is 4% each year, what must her salary be to have the same purchasing power in year 10? Year 20? Year 30? Year 40?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What must samantha salary be to have same purchasing power
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