Question 1054762
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 
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A(t) = P(1+(r/n))^(nt)
23700 = 5000(1+r)^4
18700 = (1+r)^4
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1+r = 4th root of 18700 = 11.69
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rate = 10.69 = 1069%
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Cheers,
Stan H.
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