Geraldine earned over $100,000 each of the past two years.

| October 13, 2019

If the social security administration increased the taxable wage base from $94,200 to $97,500 and the 6.2% tax rate is unchanged what is the percent increase in the base rounded to nearest hundredth percent? Geraldine earned over $100,000 each of the past two years. What is her increase in the base?

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