Your company has annual sales for the past four years of


Your company has annual sales for the past four years of the following:

  • 2017: $246 (million)
  • 2016: $215
  • 2015: $197
  • 2014: $168

Given this information, what is the compounded annual growth rate (CAGR) across that time? (When doing your calculations, round everything to the nearest fourth decimal.)

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Finance Basics: Your company has annual sales for the past four years of
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