The value of a particular stock increases by 21% every eight years. The initial value of the stock was $22 per share.

State the following:

a. 8-year Change Factor:

b. 8-year Percent Change:

c. 1-year Change Factor (round to 4 decimal places):

d. 1-year Percent Change (round to 2 decimal places):

e. 14-year Change Factor (round to 4 decimal places):

f. 14-year Percent Change (round to 2 decimal places):

g. Reference Point: