Solved: Three years ago, when the CP | was at 1 1 6 7 , the members of a union were earning $ 2 4 . 5 0 per hour.

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  • Three years ago, when the CP| was at 1167, the members of a union were earning $24.50 per hour. Now, with the current CP| at 1211, they are negotiating for a new hourly rate that will restore their former purchasing power.What hourly rate are they seeking?(Do not round your intermediate calculations. Round your answer to the nearest cent.)New rateSper hour

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