Which of the following salaries will have a purchasing power of $24,035 if the inflation rate is five percent?

A-$25,815
B-$27,523
C-$26,000
D-$25,300

2 answers

See your previous post for solution.
The following describes the status of the O'Daniel's budget.
A) It is in surplus
B) It is in deficit
C) It is balanced