[See Solution] Over a period of five years, a firm's sales increased from $1.2 million to $4.7 million. What is the firm's average annual linear rate of
Question: Over a period of five years, a firm's sales increased from $1.2 million to $4.7 million. What is the firm's average annual linear rate of growth?
- $7 million
- $3.5 million
- $700,000
- None of the above is correct.
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Deliverable: Word Document
