Your company's union just negotiated a salary increase of 0.5% every three months. What effective increase in your salary was negotiated?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 68SGR
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Your company's union just negotiated a salary increase of 0.5% every three months. What effective increase in your salary was negotiated?

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