Sales for Adidas Grew at a Rate of 0

question 4

Multiple Choice

Sales for Adidas grew at a rate of 0.5196 in 2006,0.0213 in 2007,0.0485 in 2008,and -0.0387 in 2009.The average growth rate for Adidas during these four years is the closest to _______.

• A) 3.49%
• B) 11.83%
• C) 13.77%
• D) 14.02%

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Definitions:

Freight Charges

Costs associated with transporting goods from one place to another, typically paid by the buyer or seller depending on the terms of sale.

Mineral Deposit

A natural concentration of minerals in the Earth's crust that can be mined for economic benefit.