Sawyer Corporation's 2015 sales were $11 million. Its 2010 sales were $5.5 million a. At what rate have sales been growing? Round your answer to two decimal places. b. Suppose someone made this statement Sales doubled in 5 years. This represents a growth of 100% in 5 years, so, dividing 100% by 5, we find the growth rate to be 20% per year." Is the statement correct? elect