What is the geometric mean yearly percent increase

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The Haidden Manufacturing Co. noted in its 2015 second-quarter report that as of June 30, 2012, notes payable amounted to $2,840 million. For the same date in 2005, they were $1,130 million. What is the geometric mean yearly percent increase (June to June) from June 2005 to June 2015? Interpret it.

Reference no: EM131188451

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