Mathematics: If an asset declines in value from $5000 to $3500 over nine years, what is the mean annual growth rate in the asset s value over these nine years? round your answer to two decimal places.

If an asset declines in value from $5000 to $3500

Ответ:

sleepyboy29

14.03.2022

If an asset declines in value from $5000 to $3500 over nine years, then the mean annual growth rate in the asset's value over these nine years to two decimal places is given by:

$Mean\, growth\, rate= \frac{3500-5000}{9} = \frac{-1500}{9} =-\$166.67$

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Ответ:

moonk7733

03.07.2021

Mathematics

Step-by-step explanation:

Lol, is this a class or club thingy?

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If an asset declines in value from $5000 to $3500 over nine years, what is the mean annual growth rate in the asset's value over these nine years? round your answer to two decimal places.

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