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Antonia Davis purchased a stock for $25 and expects its price to grow annually at a rate of percent a) What price are you expecting
Antonia Davis purchased a stock for $25 and expects its price to grow annually at a rate of percent a) What price are you expecting after 5 years? b) the rate of increase doubled from 8 percent to 16 percent, would that double the increase in the price? Why ?
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