Assume the following. In 2008, the U.S. had real GDP of $17.4 trillion and the CPI was at 90.88. At the end of 2018, real GDP in the U.S. was $22.0 trillion and the CPI was at 105.22. 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.)

a. Real GDP Annualized Growth ?

b. CPI Annualized