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12 October, 16:23

Your starting salary was $50,000 after 6 years of work, your salary is $75,000 if inflation averaged 5.00% over the same time period, what was your real average per year percentage raise?

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  1. 12 October, 16:25
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    If the inflation rate is 5%, your ending salary would actually have the same buying power of 71,250. So in actuality, you only got a raise of 21,250.

    If you need raise per year, divide 21250/6 = 3541.67 per year
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