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Assume that as his salary for the first episode of Jag in 1995, David James Elliot, Made 10k per episode. Now in 2004 - 9

Assume that as his salary for the first episode of Jag in 1995, David James Elliot, Made 10k per episode. Now in 2004 - 9 years later Mr. Elliot is paid 300k per episode. What annualized rate of growth in salary does this represent? Show work on answer sheet.

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