Exhibit 53
Use the Information Below for the Following Problem(S)

question 11

Multiple Choice

Exhibit 5.3
Use the Information Below for the Following Problem(S)
$$\begin{array} { c c } Y \text { ear } & \% \text { Price Change for CE Industries } \\\hline 2000 & 10.0 \% \\2001 & 12.0 \% \\2002 & 10.0 \% \\2003 & 11.0 \% \\2004 & 6.0 \%\end{array}$$
-Refer to Exhibit 5.3.Calculate the average annual rate of change for GB Industries for the 5 year period using the arithmetic mean.

• A) 0.098%
• B) 9.80%
• C) 8.50%
• D) 8.00%
• E) 89.00%

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Definitions:

Missing Factor

In mathematics, the unknown quantity in a multiplication problem that, when multiplied by a known quantity, gives a specific product.

Multiply

The mathematical operation of increasing one number by another number.

Combine

The process of adding or merging various elements or mathematical expressions together.

Simplify

The process of altering an expression or equation to make it easier to work with, often by combining like terms or applying mathematical operations.