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11. Problem 5.11 (Growth Rates) eBook Sawyer Corporation's 2018 sales were $13 million. Its 2013 sales were $6.5 million . At what rate have sales

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11. Problem 5.11 (Growth Rates) eBook Sawyer Corporation's 2018 sales were $13 million. Its 2013 sales were $6.5 million . At what rate have sales been growing? Round your answer to two decimal places. 90 b. Suppose someone made this statement: "Sales doubled in 5 years. This represents a growth of 100% in 5 years, so dividing 100% by 5, we find the growth rate to be 20% per year is the statement correct

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