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1. Assume that in January 2013, the average house price in a particular area was $282,400. In January 2002, the average price was $199,300. What was the annual increase in selling price? (Do not round intermediate calculations. Enter your answer as a percent rounded answer to 2 decimal places, e.g., 32.16.) Annual increase in selling price %

2. A business proposal which is aimed at attracting prospective investors includes information about the new or expanding business, including the customer, market potential, and management, but, generally, does not include an exit strategy. True or False?

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