Question: the answer must be clear and need typed answer You purchased a land that cost you $100,000, after 5 years your land is worth $150,000,

the answer must be clear and need typed answer

the answer must be clear and need typed answer

You purchased a land that cost you $100,000, after 5 years your land is worth $150,000, what is the annual growth rate of the land: a. 8.45% b. 10% c. 7.74% d. 12.50%

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