trigonometry

Question

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A $5,000 investment in Dell Computer stock made in 1995 was worth $237,000 in 1999. Find the annual growth rate of the stock

Guest Mar 21, 2012

admin · Answer 1 · 2012-03-21T09:32:38

[input]5000*(1+x/100)^(1999-1995)=237000[/input]

+162.388%

test:
[input]5000*(1+162.388/100)^(1999-1995)[/input]