Question
Henry invested $7,500 exactly 2 years ago. In exactly 3 years from now, he expects his investment to be worth $12,800. If he is correct,
Henry invested $7,500 exactly 2 years ago. In exactly 3 years from now, he expects his investment to be worth $12,800. If he is correct, what would his compounded average annual growth rate be? Express your answer in percentage terms, rounded to 2 decimals
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Macroeconomics
Authors: Charles I. Jones
3rd edition
978-0393123944, 393123944, 393923908, 978-0393923902
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