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Over a period of years, Engineers' salaries have increased at a rate of 8.5% per year. If inflation has been 5.5% per year, what is

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Over a period of years, Engineers' salaries have increased at a rate of 8.5% per year. If inflation has been 5.5% per year, what is the real, inflation-adjusted salary increase? 5.50% 2.82% 2.84% 3.00%

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