Difference between these two different formulas

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What is the most important difference between these two different formulas?

  • ((final - initial)/initial) • 100
  • ((final/initial)(1/(years between final and initial values)) - 1 ) • 100

A.) the formulas are used for different varaibles (real GDP, CPI, GDP deflator, and so on)

B.) one is used for interest rates

C.) the number of years between the initial and final values

D.) only one is used for economic growth

Reference no: EM132244043

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