Exercise 3: A Raise Tied to the Inflation Rate Consider these two different ways to calculate a raise that is "10% over the rate of inflation." For simplicity, use an initial salary of $100,000 in your calculations, and an inflation rate of 2.75%. (a) What is your new salary if you add the inflation rate to the 10% raise and use that as your percentage increase in salary? (b) What is your new salary if you first compute the 10% raise and then inflate the result? (c) Which is the best approach (for you, since it is your salary)