Problembrad edwards is earning 28000 a year in a city, Ask an Expert

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Problem:

Brad Edwards is earning $28,000 a year in a city located in the Midwest. He is interviewing for a position in a city with a cost of living 16 percent higher than where he currently lives.

Question: What is the minimum salary Brad would need at his new job to maintain the same standard of living? Please explain in detail and show your work.

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