Assume the following. In 2008, the U.S. had real GDP of $16.0 trillion and the CPI was at 90.60. At the end of 2018, real GDP in the U.S. was $19.2 trillion and the CPI was at 103.82. Calculate the compounded (i.e., geometric) growth rate for this 10-year period. (Use Excel to answer this question. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

Real GDP annualized growth = ?

CPI annualized = ?