Devon's annual income grows at a rate of 2.9% per year, and inflation is 3.1% per year. After one year, how much can Devon buy with his annual income?

 Devon's annual income grows at a rate of 2.9% per year, and inflation is 3.1% per year. After one year, how much can Devon buy with his annual income?

less than today because 3.1% is greater than 2.9%

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