Over a Certain Time Period the Price of Gold Doubled

question 9

Multiple Choice

Over a certain time period the price of gold doubled every 4 years.What was the yearly growth factor for gold during this period? Round your answer to two decimal places. ​

• A) 2.00
• B) 1.19
• C) 1.69
• D) None of the above

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Definitions:

Approaches

Approaches refer to methods or strategies adopted in order to tackle problems, conduct research, or understand theories across various disciplines.

Individualistic Culture

Culture that places great emphasis on individual needs and accomplishments.

Admiration

A feeling of wonder, pleasure, or approval toward someone or something that is considered remarkable, valuable, or worthy of respect.

Cooperation

The process of groups or individuals working together towards a common goal, often leading to benefits for all parties involved.