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Over a Certain Period of Time, a Precious Metal Doubled

Question 26

Multiple Choice

Over a certain period of time, a precious metal doubled in price every 6 years.What was the yearly percentage growth rate for the price of this metal during this period? Round your answer to two decimal places if necessary. ​


A) 33.79%
B) 12.25%
C) 12.75%
D) 33.33%

Correct Answer:

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