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Three years ago, when the CPI was at 115.8, the members of a union were earning $22.25 per hour. Now, with the current CPI at
Three years ago, when the CPI was at 115.8, the members of a union were earning $22.25 per hour. Now, with the current CPI at 120.2, they are negotiating for a new hourly rate that will restore their former purchasing power. What hourly rate are they seeking? (Round your answer to the nearest cent.) New rate $ per hour
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