What was his real raise stated as a percentage

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Question - Joshua Vermier of Sacramento, California, received a raise after his first year on the job to $43,800 from his initial salary of $42,000. What was Joshua's raise stated as a percentage? Inflation averaged 2.8 percent for the year. What was his real income after the raise? What was his real raise stated as a percentage?

Reference no: EM132173334

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