(Answered) The current value of a company is 25 million if the value

Economics

"The current value of a company is $25 million. If the value of the company six year ago was $10 million, what is the company's mean annual growth rate over the past six years?"

Please explain how the answer was reached so I can learn/understand how to apply to this concept.

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Business Economics, Economics

Category:- Business Economics
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