Answer:
<h2>
$1,051,110</h2>
Step-by-step explanation:
Given
Step one:
Company's initial asset value = $11,283,500
Company's final asset value = $21,794,600
Step two
we can calculate the company's asset appreciation after 10 years as
$21,794,600- $11,283,500= $10,511,100
Step three
Hence, the growth rate of the company's asset value per year can be expressed as = $10,511,100/10= $1,051,110
