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Bentley's Income Was $48,000 in Year 1 and $52,600 in Year

Question 11

Multiple Choice

Bentley's income was $48,000 in year 1 and $52,600 in year 2.The CPI was 120.3 in year 1 and 125.4 in year 2.What was the approximate percentage change in Bentley's real income between the two years?


A) 5.7 percent
B) 3.5 percent
C) 5.1 percent
D) 9.6 percent
E) 8.3 percent

Correct Answer:

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