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Your starting salary was $45,000 After 5 years of work, your salary is $52,000 What was your NOMINAL per year average percentage raise ? Group

Your starting salary was $45,000 After 5 years of work, your salary is $52,000

What was your NOMINAL per year average percentage raise ?

Group of answer choices

16.33%

3.08%

2.88%

2.93%

14.78%

15.56%

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