A share of Orange stock that was worth $25 in 2000 increased exponentially to $60 in 2010. What is the annual multiplier and wha
t is the annual percent increase?
1 answer:
Answer:140%, 2.4
Step-by-step explanation:
Opening stock in 2010=$25
Closing stock in2010=$60
Percentage increase is $60-$25/25$
Percentage increase= $35/$25
Percentage increase= 1.4*100%
Percentage increase= 140%
Annual multiplier =$60/$25
Annual multiplier =2.4
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