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Martin took a job after graduation making $28,000 per year. At the end of the first year he got a raise of $1,100 per year.
Martin took a job after graduation making $28,000 per year. At the end of the first year he got a raise of $1,100 per year. At the end of the second year his raise was $1,150, and at the end of year three it was $1,200. During this time inflation was 2.5%. His real income has increased by?
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