Mathematics, 25.07.2019 23:30, londonval
Ashare of orange stock that was worth $25 in 2000 increased exponentially to $72 in 2010. what is the annual multiplier and what is the annual percent increase?
Answers: 1
![\bf \cfrac{72}{25}=(1+r)^{10}\implies \sqrt[10]{\frac{72}{25}}=1+r\implies \sqrt[10]{\frac{72}{25}}-1=r \\\\\\ 0.111576\approx r\implies r\%=100\cdot 0.111576\implies r\approx \stackrel{\%}{11.1576}](/tpl/images/0132/8400/6a780.png)
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