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. Three years ago, when the CPI was at 114.8, the member of a union were earning 31.25 per hour. Now, with the current CPI
. Three years ago, when the CPI was at 114.8, the member of a union were earning 31.25 per hour. Now, with the current CPI at 129.2 They are negotiating for a new hourly rate that will restore their former purchasing power. What hourly rate are they seeking?
The answer is $35.17 per hour
I need to know the intimidated calculation and some explain
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