Anders discovered an old pay statement from 10 years ago. His monthly salary at the time was
Fantastic news! We've Found the answer you've been seeking!
Question:
Anders discovered an old pay statement from 10 years ago. His monthly salary at the time was $3,100 versus his current salary of $5,710 per month.
At what (equivalent) compound annual rate has his salary grown during the period? (Do not round intermediate calculations and round your final percentage answer to 2 decimal places.)
His salary grew at a rate of % compounded annually.
Related Book For
Posted Date: