Annual CPI values

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

184.00

188.9

195.3

201.6

207.342

215.303

214.537

218.056

224.939

229.594

232.957

QRINC offered new employees a starting salary of $54,172 in 2013. What would a comparable starting salary have been in 2003? (round to the nearest dollar)

1 answer

just multiply the salary by the ratio of the CPI for those two years.
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