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During the past eight years, the demand for Titleist Pro V1 golf balls has increased from 400 units per day to 560 units per day
During the past eight years, the demand for Titleist Pro V1 golf balls has increased from 400 units per day to 560 units per day at a local pro shop. What was the average annual compound growth rate over this period? Assume continuous compounding and show your work.
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