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Growth rates Jamie El-Erian is a savvy investor. On January 1, 2010, she bought shares of stock in Amazon, Chipotle Mexican Grill, and Netflix. The

Growth ratesJamie El-Erian is a savvy investor. On January 1, 2010, she bought shares of stock in Amazon, Chipotle Mexican Grill, and Netflix. The table below, shows the price she paid for each stock, the price she received when she eventually sold her shares, and the date on which she sold each stock. Calculate the average annual growth in each company's share price over the time that Jamie held its stock.

The average annual growth for Amazon is what percentage?

image text in transcribed

\begin{tabular}{cccc} Stock & Purchase price & Selling price & Sale date \\ \hline Amazon & $140 & $1234 & January 1,2020 \\ Chipotle & 90 & 301 & January 1,2018 \\ Netflix & 13 & 196 & January 1,2019 \end{tabular}

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