Business, 15.04.2020 01:02, officialrogerfp3gf2s

Iggie took a university teaching job as an assistant professor in 1980 at a salary of $15,000. By 2011, she had been promoted to full professor, with a salary of $70,000. If the price index was 82 in 1980 and 225 in 2011, then what is Iggie's 1980 salary in 2011 dollars?

a. $25,511b. $52,073c. $40,140d. $41,159

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Iggie took a university teaching job as an assistant professor in 1980 at a salary of $15,000. By 20...