Sarah Barnard writes a monthly column for City Magazine. Her salary is $25,000. Next month she will receive a yearly cost-of-living adjustment of 2.8%. She is also expecting a merit increase of 5%. What will Sarah's annual salary be next year to the nearest dollar?

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1. Sarah Barnard writes a monthly column for City Magazine. Her salary is $25,000. Next month she will receive a yearly cost-of-living adjustment of 2.8%. She is also expecting a merit increase of 5%. What will Sarah's annual salary be next year to the nearest dollar?