Question: Bright Light Electronics has seen changes in its financial performance over the last four years. The following data represents the company's annual revenue and net
- Bright Light Electronics has seen changes in its financial performance over the last four years. The following data represents the company's annual revenue and net income in millions of dollars:
Year | Revenue ($M) | Net Income ($M) |
2019 | 200 | 20 |
2020 | 220 | 25 |
2021 | 250 | 30 |
2022 | 280 | 35 |
Using the data provided, plot a line graph showing the trend of revenue and net income over the years. Calculate the average annual growth rate of revenue and net income.
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