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The Consumer Price Index is reported monthly by the U.S. Bureau of Labor Statistics. It reports...

The Consumer Price Index is reported monthly by the U.S. Bureau of Labor Statistics. It reports the change in prices for a market basket of goods from one period to another. The index for 1999 was 220.3. By 2014, it increased to 256.900.

What was the geometric mean annual increase for the period? (Round your answer to 2 decimal places.)

Geometric mean %

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