The consumer price indices for the years 2006, 2007, and 2008 are reported as 201.59, 207.34, and

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The consumer price indices for the years 2006, 2007, and 2008 are reported as 201.59, 207.34, and 215.30, respectively (Source: Bureau of Labor Statistics). Use this information to compute the annual inflation rate for 2007 and 2008.

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