Must show all work with an explanation. Need it Asap.
1. If your salary in 2018 was $30,000
a. (3 points) How much would you need to earn in 2021 to have the same purchasing power as you had in 2018?. Show your computations.
b. (3 points) Based on your answer in part a, what was the inflation rate (% increase) from 2018 to 2021?
2. (4 points) Yolanda is a junior with 75 credits and a CUM of 2.80. She is registered for 16 credits next semester and hopes to raise her overall CUM to 3.00 so she can qualify for a scholarship sponsored by her job. What GPA would she need to achieve next semester to reach her goal?
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