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Paul Ramos just graduated from college and landed his first​ ‘real’ job, which pays $27, 100 a year. In 13 years, what will he need to earn to maintain the same purchasing power if inflation averages 5 percent?

Paul Ramos just graduated from college and landed his first​ ‘real’ job, which pays $27, 100 a year. In 13 years, what will he need to earn to maintain the same purchasing power if inflation averages 5 percent?

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