Are the two triangles similar or not?
2 answers:
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The salary in 2012 was $65,000.
If the inflation rate is 4%, the salary should increase at least 4% per year to keep up with inflation.
Then, we can calculate the salary adjusted by inflation in 2021 as:
Replacing with the data, we get:
Answer: the adjusted salary to keep up with inflation should be $92,515.27 in 2021.