BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Four years ago, Robert’s annual salary was $52, 500. Today, he earns $73, 800. What has been the average annual rate of growth of Robert’s salary?
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8.89%
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10.38%
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41.52%
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$5, 325 per year
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Explanation:
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