Question
Your starting salary was $57,038 After 5 years of work, your salary is $65,112 If inflation averaged 3% over the same time period, What was
Your starting salary was $57,038
After 5 years of work, your salary is $65,112
If inflation averaged 3% over the same time period,
What was your REAL per average percentage raise?
State your answer to 2 decimal places
_______________
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
