Problem:
The following table presents the Sally's Silly service company's net earnings for the past six years.
Required:
Question: Compute the growth rate in the company's earnings. Note: Explain in detail.
- Year Return
- 2002 $2,659
- 2001 2,500
- 2000 2,370
- 1999 2,100
- 1998 1,890
- 1997 1,728