Question: An engineer earned $24,900 per year when he began his career. Thirty years later, his annual salary was $102,500. The inflation index over this same

An engineer earned $24,900 per year when he began his career. Thirty years later, his annual salary was $102,500. The inflation index over this same period grew from 442.98 to 1,101.39.

What was his real annual salary increase and what is his current salary in real terms?

Real Annual Increase (%):

Real Salary:

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