SOLUTION: Hi, this isn't from a book, but it is for a resume, so any help would be appreciated! If a company starts out at $250,000, and 4 1/2 years later it is making $850,000, what is the

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Question 80890: Hi, this isn't from a book, but it is for a resume, so any help would be appreciated!
If a company starts out at $250,000, and 4 1/2 years later it is making $850,000, what is the growth of the company?
Thanks a bunch!

Answer by stanbon(75887)   (Show Source): You can put this solution on YOUR website!
If a company starts out at $250,000, and 4 1/2 years later it is making $850,000, what is the growth of the company?
--------
(85000-250,000)/(4.5) = $13,333.33/yr.
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Cheers,
Stan H.

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