Question: Question 1 (9 points) - Josh received a raise after his first year on the job to $43,800 from his initial salary of $42,000. Inflation

Question 1 (9 points) - Josh received a raise after his first year on the job to $43,800 from his initial salary of $42,000. Inflation averaged 2.8% for that first year.In real terms (i.e., adjusted for inflation), what was his real raise stated as a percentage? Show Work

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