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Rapid Construction Inc. has experienced fluctuations in its financial performance over the past four years. The following data represents the company's annual revenue and net
- Rapid Construction Inc. has experienced fluctuations in its financial performance over the past four years. The following data represents the company's annual revenue and net income in millions of dollars:
Year | Revenue ($M) | Net Income ($M) |
2020 | 400 | 40 |
2021 | 420 | 45 |
2022 | 450 | 50 |
2023 | 480 | 55 |
Using the data provided, plot a line graph showing the trend of revenue and net income over the years. Calculate the average annual growth rate of revenue and net income.
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