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1-2 step questions. please explain step by step in detail & please dont use excel. Find both the arithmetic growth rate and the geometric growth

1-2 step questions. please explain step by step in detail & please dont use excel.
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Find both the arithmetic growth rate and the geometric growth rate of the dividends for Brantley's Service Centers (Click on the following icon in order to copy its contents into a spreadsheet) Year Dividend 2001 $1.47 2002 $2.48 2003 $3.19 2004 2005 $5.46 $4.48 2006 $6.32 2007 $7.06 2008 $8.16 2009 $7 67 2010 $7.42 What is the arithmetic growth rate of the dividends for Brantley's Service Centers? 1% (Round to two decimal places.)

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