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What is the compound annual growth rate

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Reference no: EM133031442

Problem - The following summarizes operating income for a segment of a large company:

2009 = $700

2010 = $720

2011 = $750

2012 = $780

2013 = $800

2014 = $790

Required - What is the compound annual growth rate (CAGR) between 2009 and 2014?

Reference no: EM133031442

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