Question: If sales double in 1 2 years - a . At what rate are they growing? ( 5 points ) b . If you invest

If sales double in 12 years-
a. At what rate are they growing? (5 points)
b. If you invest $100 today and your investment doubles in 12 years what rate have you earned?(5 points)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!