value of a company is $27 million. If the value of the company six years ago was $10 million, what is the company's mean annual growth rate over the past six years (to 1 decimal)?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 33PT: Enter the data from Table 2 into a graphing calculator and graph the ranking scatter plot. Determine...
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The current value of a company is $27 million. If the value of the company six years ago was $10 million, what is the company's mean annual growth rate over the past six years (to 1 decimal)?

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