Finance: Compound growth rate.
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What is the growth rate formula for a balance sheet:
Assets: 2006 2007 2008 2009 2010
Cash 143,388 556,956 698905 803362 596 470
Please use excel to solve problem and explain the growth rate formula.
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Solution Summary
The problem deals with estimating the compound growth rate from provided information.
Education
- B. Sc., University of Nigeria
- M. Sc., London South Bank University
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