Since living expenses are 11% higher in the new city. Marla would need an 11% increase in her current income to maintain her current buying power when moving. We can solve this by simply multiplying her current income by 11%.
Step-by-step explanation:
If we multiply her current income of $95,000 by 11% we see that Marla would need an income of $105,450 in order to maintain her buying power in the new city. Since her new job offer is paying $118,000 she will have more buying power in the new city.
<u>Answer:</u> Marla must earn an Income of $105,450 to maintain her buying power.