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Problem 5-8 (similar to) (Future value) Giancarlo Stanton hit 50 home runs in 2014. If his home-run output grew at a rate of 5 percent

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Problem 5-8 (similar to) (Future value) Giancarlo Stanton hit 50 home runs in 2014. If his home-run output grew at a rate of 5 percent per year, what would it have been over the following 5 years? a. Giancarlo Stanton hit 50 home runs in 2014. If his home-run output grew at a rate of 5 percent per year, what would it have been in 2015? hits (Round to the newest unit)

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