On January 4, 1982 the price of a widget was $57.52. On January 4, 2012 the price of a widget was $61.03. Find the average rate of change in the price of a widget from 1982 to 2012. Round to the nearest cent.

The average rate of change is $LaTeX: \displaystyle \frac{61.03-57.52}{2012-1982}= 0.12$ dollars per year.