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30 May, 03:42

Last year, megan's salary was $65,000 while the consumer price index increased from 109 to 115. if megan received a cost-of-living adjustment, what would her salary be?

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  1. 30 May, 05:36
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    The CPI increased by 5.5% from 109 to 115, so Megan would need the same pay increase to keep up with inflation.

    So 65,000 X 1.055 = 68,575
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