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Sales for Adidas Grew at a Rate of 0

Question 56

Multiple Choice

Sales for Adidas grew at a rate of 0.5196 in Year 1, 0.0213 in Year 2, 0.0485 in Year 3, and -0.0387 in Year 4. The average growth rate for Adidas during these four years is the closest to ________.


A) 3.49%
B) 11.83%
C) 13.77%
D) 14.02%

Correct Answer:

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