The Geometric Mean Growth Rate of Sales for Used Cars

question 54

Essay

The geometric mean growth rate of sales for used cars in a geographic area from 2005 to 2009 was 16.42 percent.Annual sales in 2005 were $14.2 million.Find the ending value of sales after this four-year period.

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Definitions:

Early Birds

People who naturally prefer waking up early in the morning and often feel most energetic and productive during the early part of the day.

Organized

refers to the characteristic of being systematic and efficient in arrangement or function.

Brain Scans

Imaging tests such as MRI or CT scans used to examine the structure or function of the brain.

Personality

The unique set of emotional, thought, and behavioral patterns that define an individual’s personal style and influence their interactions with the environment.