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The federal minimum wage has remained frozen for the past three years at $7.25 an hour, while the prices of gas and milk have risen

The federal minimum wage has remained frozen for the past three years at $7.25 an hour, while the prices of gas and milk have risen steadily. Over this three-year period, the real value of the minimum wage has fallen to $6.77 per hour. By what percentage did the CPI increase over these three years?

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