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I Got a Salary Increase of 6% Each Year for 8

Question 22

Multiple Choice

I got a salary increase of 6% each year for 8 years.What is the total percentage increase in my salary over the 8-year period? Round your answer to two decimal places if necessary. ​


A) 47.01%
B) 60.23%
C) 59.38%
D) 48%

Correct Answer:

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