A) In 1975 the price of a new house was $46,778. In 2020 the price of a new house is $210,119.

How much has the price of housing increased over the entire time period in percentage terms?

State your answer to two decimal places (e.g., 4.76)

B)

When Kevin started working 27 years ago, his salary was $53,525. His current salary is

$165,374. When Kevin started working, the price level was 140, while the current price level is

157. What was Kevins average per year percentage raise in real terms over the 27 years?

State your answer to two decimal places (e.g., 3;28).