Question: If an asset declines in value from $ 5 , 0 0 0 to $ 4 , 5 0 0 over nine years, what is

If an asset declines in value from $

5, 000

to $

4, 500

over nine years, what is the mean annual growth rate in the asset's value over these nine years? Enter your answer as a percentage. If needed, round your answer to two decimal digits.

%

If an asset declines in value from $5,000 to $4,500 over

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