P5-49 Growth rates You are given the series of cash flows shown in the following table, Cash flows Year ABC R500 R1,500 R2,500 2 560 1.550 2,600 640 1.610 2,650 720 1.680 2,650 1.760 2,800 1,850 2.850 1.950 2.900 2,060 2.170 2.280 800 a. Calculate the compound annual growth rate associated with each cash flow stream. b. If year-1 values represent initial deposits in a savings account paying annual interest, what is the annual rate of interest earned on each account? C. Compare and discuss the growth rate and interest rate found in parts a and b, respectively