What was the annual compound rate of growth in the price of the two fruits?

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» What was the annual compound rate of growth in the price of the two fruits?

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Dec 12, 2007, 07:55 PM

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step0667 is offline

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What was the annual compound rate of growth in the price of the two fruits?

In 2004 a pound of apples cost $0.99, while oranges cost $1.14. Ten years
earlier the price of apples was only $.72 a pound and that of oranges was $.55 a pound.

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