Calculate the average growth rate

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Consider the following observations of a series: Year 1Year 2Year 3Year 497117157167a. b.

Calculate the growth rates for Year 1-Year 2, Year 2-Year 3, and Year 3-Year 4. (Round your answers to 4 decimal places.)

Calculate the average growth rate. (Enter your answer as a percentage, rounded to 2 decimal places, using intermediate calculations rounded to at least 4 decimal places.)

Reference no: EM132852874

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