When Julie entered college in 2011, she dreamed of making
$50,000 when she graduated. The CPI in 2011 was 226.4. Julie
graduated in 2016. (Thinking about money rather than studies slowed
her progress a bit.) The 2016 CPI was 237.1. What must Julie earn
in order to have the same buying power that $50,000 had in
2011?
Select one:
A. About $105,800
B. About $94,800
C. About $52,400
D. About $44,800
E. It can't be calculated from the information given.