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When Kevin started working 23 years ago, his salary was $59,349. His current salary is $159,408. When Kevin started working, the price level was 134,

When Kevin started working 23 years ago, his salary was $59,349. His current salary is $159,408. When Kevin started working, the price level was 134, while the current price level is 157. What was Kevins average per year percentage raise in real terms over the 23 years? State your answer to two decimal places (e.g., 3;28).

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