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Assume that in January 2,012, the average house price in a particular area was $295,107. In January 2,001, the average price was $220,803. What was

Assume that in January 2,012, the average house price in a particular area was $295,107. In January 2,001, the average price was $220,803.

What was the annual percentage increase in selling price? (round 2 decimal places)

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