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In 2016, the automobile industry announced the average vehicle selling price was $35,083. Six years earlier, the average price was $29,680. What was the annual

In 2016, the automobile industry announced the average vehicle selling price was $35,083. Six years earlier, the average price was $29,680. What was the annual percentage increase in vehicle selling price? (Do not round intermediate calculations and round your final answer to 2 decimal places.) (Omit % sign in your response.)

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