Question: A firm decides to increase output at a constant relative rate from its current level of 20, 000 to 42, 000 units during the

A firm decides to increase output at a constant relative rate from

A firm decides to increase output at a constant relative rate from its current level of 20, 000 to 42, 000 units during the next five years. Calcula percent rate of increase required to achieve this growth. Round your answer to two decimal places. Annual percent increase = Number

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