[See Steps] During the past 8 years, the level of demand for a company's product has increased from 100 units per day to 137 units per day. What was the


Question: During the past 8 years, the level of demand for a company's product has increased from 100 units per day to 137 units per day. What was the average annual compound growth rate over this period?

  1. 37.00%
  2. 4.63%
  3. 4.01%
  4. None of the above is correct.

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