Multiple Choice
During the past eight years, the level of demand for a company's product has increased from 100 units per day to 137 units per day. What was the average annual compound growth rate over this period?
A) 37.00 percent
B) 4.63 percent
C) 4.01 percent
D) None of the above is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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