Question: Smart Home Devices has experienced significant changes in its financial performance over the past four years. The following data represents the company's annual revenue and
- Smart Home Devices has experienced significant changes in its financial performance over the past four years. The following data represents the company's annual revenue and net income in millions of dollars:
Year | Revenue ($M) | Net Income ($M) |
2018 | 250 | 30 |
2019 | 270 | 35 |
2020 | 290 | 40 |
2021 | 310 | 45 |
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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