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QUESTION 10 Suppose the price of pears was $1.16 in mid-2010 and $1.37 in mid-2013. What would be the approximate annual compound growth rate in
QUESTION 10
Suppose the price of pears was $1.16 in mid-2010 and $1.37 in mid-2013. What would be the approximate annual compound growth rate in the price of pears?
a. | 5.70% | |
b. | 2.83% | |
c. | 1.18% | |
d. | 1.00% |
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