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Which of the Following Is True of the Compound Annual

Question 35

Multiple Choice

Which of the following is true of the compound annual growth rate?


A) It reflects average annual growth over a period of multiple years.
B) It reflects total annual growth over a period of multiple years.
C) It reflects average annual growth for a year as compared to the previous year.
D) It reflects total annual growth for a year as compared to the previous year.

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