A certain stock has grown continuously from 1980 to 2015. A $15,000 investment in the stock in 1980 would be worth $2,500,000 in 2015. Find the stock's average annual growth rate during this period. Round to the nearest percent.

A certain stock has grown continuously from 1980 to 2015. A $15,000 investment in the stock in 1980 would be worth $2,500,000 in 2015. Find the stock's average annual growth rate during this period. Round to the nearest percent.

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter10: Exponential And Logarithmic Functions

Section10.5: Solve Exponential And Logarithmic Equations

Problem 10.87TI: Researchers recorded that a certain bacteria population grew from 100 to 500 in 6 hours. At this...

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