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Global Retail Inc. has experienced steady growth in revenue over the past three years. The company's financial data is as follows: Year 1: Revenue: $200
- Global Retail Inc. has experienced steady growth in revenue over the past three years. The company's financial data is as follows:
- Year 1: Revenue: $200 million, Net Income: $22 million
- Year 2: Revenue: $240 million, Net Income: $30 million
- Year 3: Revenue: $280 million, Net Income: $35 million
Calculate the compound annual growth rate (CAGR) of the company's revenue and net income over the three-year period.
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Linear Algebra
Authors: Jim Hefferon
1st Edition
9780982406212
