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Suppose you are told that over the past four years, sales have increased at rates of 10%, 8%, 6%, and 4%. What has been the
Suppose you are told that over the past four years, sales have increased at rates of 10%, 8%, 6%, and 4%. What has been the average annual increase in sales over the past four years?
A.
7.0%
B.
6.4%
C.
6.7%
D.
6.5%
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Survey Of Accounting
Authors: Carl S. Warren
4th Edition
0538478144, 9780538478144
