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In 2013, selected automobiles had an average cost of $18,000. The average cost of those same automobiles is now $21,960. What was the rate of

In 2013, selected automobiles had an average cost of $18,000. The average cost of those same automobiles is now $21,960. What was the rate of increase for these automobiles between the two time periods? Round your answer to the nearest whole percent.

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