Sam Steward is a freelance Web page designer. Listed are his yearly wages between 2015 and 2018. Also included is an industry index for Web page designers that reports the rate of wage inflation in the industry. This index has a base period of 2010. Year Wage ($000) Index (2010 = 100)
2015 135.0 161.0
2016 145.3 173.8
2017 156.3 188.0
2018 168.5 203.9

Required:
Compute Sam's real income for the selected years during the six-year period. Did his wages keep up with inflation, or did he lose ground?

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Step-by-step explanation:

2

Step-by-step explanation:

Whole numbers can be seen as the number over 1. So, 3 can also be written as . To do x you just multiply across (3x4 and 1x5). Doing so gets you . Since 12 is bigger than 5, you need to find out how many times 5 fits into 12, which is 2 times. This means 2 is the whole number, however you're still left with 2 from the fraction , since 2x5 is just 10. You write the remaining 2 as , because that's what the original denominator was. The final answer is 2.