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Suppose that seventy years ago, the average price of apples was $0.27 per pound. If today the average cost is $0.69 per pound. What was

Suppose that seventy years ago, the average price of apples was $0.27 per pound. If today the average cost is $0.69 per pound. What was the growth rate over the 70-year period? (12 points)

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Be sure to use 4 decimal places (25.25% or 0.2525).

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