Suppose you are told that over the past four years,sales have increased at rates of 10%,8%,6%,and 4%.What has been the average annual increase in sales over the past four years?
A)7.0%
B)6.7%
C)6.4%
D)6.5%

Name: Suppose you are told that over the past four years,sales have increased at rates of 10%,8%,6%,and 4%.What has been the average annual increase in sales over the past four years? A)7.0% B)6.7% C)6.4% D)6.5%
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Question

Quizplus · Accepted Answer

The average annual increase in sales over the past four years is (10+8+6+4)/4 = 7%.

Suppose You Are Told That Over the Past Four Years,sales