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%

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Definitions:

[10]annulene

A ten carbon ring compound with alternating single and double bonds, known for its unusual properties and contribution to the study of aromaticity.

Aromatic

A class of cyclic, planar compounds with electrons delocalized over the entire structure, providing unique stability, examples include benzene.

Marginal Probability

The probability of an event occurring, marginalizing over the possibilities of any other related events.

Likelihood

The probability of a set of observations given a particular statistical model.