Question
Magdalene Neagle notices Sales in the market for luxury goods have increased from $296,800.00 to $403,000.00 in 7 years. With semi-annually compounding, what is the
Magdalene Neagle notices Sales in the market for luxury goods have increased from $296,800.00 to $403,000.00 in 7 years. With semi-annually compounding, what is the annualized rate of growth (CAGR)?
| a. 15.4622% | ||
| b. -1.0806% | ||
| c. 4.4178% | ||
| d. 2.2333% |
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Finance For Non Financial Managers
Authors: Gene Siciliano
1st Edition
0071413774, 978-0071413770
