Question

In 1979 women earned .63 to each $ earned by a man. 2003 women earned 80% of what men earned. Since 2003 women lost 0.8% in earnings If the current median income for a man is 40,688 what is the median income for a woman?

Answer 1

If I'm reading the problem correctly, women earn 79.2% of what a man earns.

0.792 * 40,688 = $32,224.896 = #2,224.90

Answer 2

32,224.896 = $32,224.90