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Over a Certain Period of Time, a Precious Metal Doubled

question 26

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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. ​


Definitions:

Repetition-with-variation

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A cognitive bias where an individual's overall impression of a person influences their feelings and thoughts about that person's character.

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