SOLUTION: USA Today reported in 1997 that the median starting salary of graduates of Stanford University's business school was $85,000, which was 11% more than it was the year before. What w

Question 181673: USA Today reported in 1997 that the median starting salary of graduates of Stanford University's business school was $85,000, which was 11% more than it was the year before. What was the median starting salary of the 1996 graduates of Stanford University's business school? Round your answer to the nearest dollar.
Answer by Mathtut(3670) (Show Source): You can put this solution on YOUR website!
let x be the median starting salary in 1996
:
x+.11x=85000
:
1.11x=85000
:
$rounded to the nearest dollar$
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