You would liike to increase your purchasing power next year, Financial Management

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You would liike to increase your purchasing power next year

You would liike to increase your purchasing power next year by about 4%. If you expect prices to increase at a rate of 2% over the next year, what approximate increase would you need in your salary in order to achieve your desired increase in purchasing power?

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Financial Management: You would liike to increase your purchasing power next year

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Financial Management: You would liike to increase your purchasing power next year

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