Read each of the given problems and then select the best of the given answers in Problems

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Read each of the given problems and then select the best of the given answers in Problems 3–29.


Doug’s monthly salary was $1,250 when he received a 5%
raise. Six months later, he received another 2% raise. What is his annual salary, after receiving both raises?

A. $1,337.50

B. $1,338.75

C. $16,050.00

D. $16,065.00

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