Question 1011176
P=Po{1+r}^10
P/Po=2.5
2.5=(1+r)^10
ln both sides
0.916=10ln(1+r)]
no rounding
divide by 10
raise both sides to e power to remove ln,
e^(0.0916)=1+r
r=0.096, or 9.6%
3.