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Consider the following table for a seven - year period: Year, U . S Treasury Bills, Inflation 1 , 3 . 8 0 % ,

Consider the following table for a seven-year period:
Year, U.S Treasury Bills, Inflation
1,3.80%,-1.22%
2,3.65,-2.36
3,4.55,-1.26
4,4.97,0.68
5,2.77,-6.50
6,1.65,-9.42
7,1.38,-1.37
What was the average real return for Treasury bills for this time period?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,3216.
Average real return: ____%
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