document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1054762>Question 1054762</A>: <I><SPAN STYLE=\"word-break: break-all;\"> a 5000 investment in dell computer in 1995 was worth 237000 in 1999 it grew continuously during this time period find the average annual growth rate of the stock </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #669972 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=669972\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> a 5000 investment in dell computer in 1995 was worth 237000 in 1999 it grew continuously during this time period find the average annual growth rate of the stock <BR>\n" );
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document.write( "A(t) = P(1+(r/n))^(nt)<BR>\n" );
document.write( "23700 = 5000(1+r)^4<BR>\n" );
document.write( "18700 = (1+r)^4<BR>\n" );
document.write( "----<BR>\n" );
document.write( "1+r = 4th root of 18700 = 11.69<BR>\n" );
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document.write( "rate = 10.69 = 1069%<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
document.write( "------------<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );