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Over a period of years, Engineers' salaries have increased at a rate of 8.5% per year. If inflation has been 5.5% per year, what is the real, inflation-adjusted salary increase
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Over a period of years, Engineers' salaries have increased at a rate of 8.5% per year. If inflation has been 5.5% per year, what is the real, inflation-adjusted salary increase

User Abdul Hameed
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1 Answer

11 votes

Answer:

3% salary increase

Step-by-step explanation:

simply 8.5%-5.5%

User Lynnyi
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4.7k points
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