The current value of a company is $24 million. If the value of the company six years ago was $9 million, what is the company's mean annual growth rate over the past six years (to 1 decimal)? % 27.8

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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The current value of a company is $24 million. If the value of the company six years ago was $9 million, what is the company's mean annual growth rate over the past six years (to 1 decimal)?
%
27.8
Transcribed Image Text:The current value of a company is $24 million. If the value of the company six years ago was $9 million, what is the company's mean annual growth rate over the past six years (to 1 decimal)? % 27.8
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