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QUESTION 47 In 2016, the automobile industry announced the average vehicle selling price was $35,033, Four years earlier, the average price was $27.880. What was

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QUESTION 47 In 2016, the automobile industry announced the average vehicle selling price was $35,033, Four years earlier, the average price was $27.880. 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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