Suppose a person invested 1 million dollars in a certain project in the beginning of year 2000. The investment is a huge success and is now worth 10 million dollars at the end of year 2020. Assume that the investment has constant growth rate throughout the 20 years. Express the total worth of the investment W (in millions) as a function of time t (in years) and find the annual growth rate.

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Suppose a person invested 1 million dollars in a certain project in the beginning of year 2000. The investment is a huge success and is now worth 10 million dollars at the end of year 2020. Assume that the investment has constant growth rate throughout the 20 years.

Express the total worth of the investment W (in millions) as a function of time t (in years) and find the annual growth rate.

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