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According to the Census Bureau, in October 2016, the average house price in the United States was$28,758. 6 years earlier, the average price was $22,608.

According to the Census Bureau, in October 2016, the average house price in the United States was$28,758. 6 years earlier, the average price was $22,608. What was the annual increase in the price of the average house sold?

Multiple Choice

3.68%

4.09%

4.91%

4.50%

-3.93%

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