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The average cost of a house in Canada grew from $350, 000 in 2010 to $850, 000 in 2022. What was the average annual rate

The average cost of a house in Canada grew from $350, 000 in 2010 to $850, 000 in 2022. What was the average annual rate of percentage increase during the period?

a.

103%

b.

41.18%

c.

55.84%

d.

7.67%

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