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When Kevin started working 24 years ago, his salary was $56,329. His current salary is $170,495. When Kevin started working, the price level was 138,

When Kevin started working 24 years ago, his salary was $56,329. His current salary is $170,495. When Kevin started working, the price level was 138, while the current price level is 157. What was Kevins average per year percentage raise in real terms over the 24 years? State your answer to two decimal places (e.g., 3;28).

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