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The gross annual earnings of a certain company were A(t) = 0.3t + 12t + 20 thousand dollars t years after its formation in
The gross annual earnings of a certain company were A(t) = 0.3t + 12t + 20 thousand dollars t years after its formation in 2008. At what percentage rate were the gross annual earnings growing with respect to time in 2012? Select one: A. 20.74% per year B. 19.01% per year C. 18.13% per year D. 19.78% per year
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Fundamentals of corporate finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
2nd Edition
978-0470933268, 470933267, 470876441, 978-0470876442
