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Assume that in January 2020 , the average house price in a particular area was $273,000. In January 1998, the average price was $182,000. What

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Assume that in January 2020 , the average house price in a particular area was $273,000. In January 1998, the average price was $182,000. What was the annual increase in the price of the average house sold? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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