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In a growing mid-western town, the number of eating establishments at the endof each of the last five years are as follows: Year 1 =

In a growing mid-western town, the number of eating establishments at the endof each of the last five years are as follows:

Year 1 = 273; Year 2 = 279; Year 3 = 302; Year 4 = 320; Year 5 = 344

From the end of year 1 to the end of year 5, the number of eating establishments grew at a rate of _________ compounded annually.

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