Let us assume you started your career in the year of 2010, and you have received a raise each year. You are going to school to better yourself, and trying to land a new job, however, you have 3-years of school until graduation. There are no promotion opportunities at your current employer, so you need to remain in your current position until you graduate.

2010	$ 60,000
2011	$ 62,000
2012	$ 64,000
2013	$ 65,000
2014	$ 66,000
2015	$ 67,500
2016	$ 68,000
2017	$ 68,400

1. Identify the years with the steepest monetary raises.

2. Identify the years in which the raises plateaued.

3. Based on the last three years of monetary raise rate, forecast the raise rate for out-years 2018-2020

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