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Suppose that a company's sales were $1,000,000 six years ago and are $9,000,000 at the end of the six years. Find the geometric mean growth rate of sales. (Round your answer to 4 decimal places.) Geometric mean growth rate of sales

Suppose that a company's sales were $1,000,000 six years ago and are $9,000,000 at the end of the six years. Find the geometric mean growth rate of sales. (Round your answer to 4 decimal places.) Geometric mean growth rate of sales

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Exercise 3.51 (Algo) METHODS AND APPLICATIONS Suppose that a company's sales were $1,000,000 six years ago and are $9,000,000 at the end of the six years. Find the geometric mean growth rate of sales. (Round your answer to 4 decimal places.) Geometric mean growth rate of sales
Transcribed Image Text:Exercise 3.51 (Algo) METHODS AND APPLICATIONS Suppose that a company's sales were $1,000,000 six years ago and are $9,000,000 at the end of the six years. Find the geometric mean growth rate of sales. (Round your answer to 4 decimal places.) Geometric mean growth rate of sales
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