Last year Baldwin paid their workers $26.81. How much will the be paying them two rounds in the future? Refer to the Human Resources Summary in the Courier.
| %29.56 |
| $31.04 |
| $32.59 |
|
$27.81
|
Current Baldwin wages = 26.81
Wage Escalator = 5% per round
Baldwin wages 2 rounds in future is 26.81 escalated by 5% wih compunding
= 26.81 x (1+5%)2
= 29.56
Last year Baldwin paid their workers $26.81. How much will the be paying them two rounds...
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