If the economy's real GDP doubles in 9 years, we can conclude that its average annual rate of growth is 8%.
<h3>How can we determine average annual rate of growth?</h3>
The rule of 72 can be used to determine when the real GDP of an economy would double. In order to determine the doubling time, divide 72 by average annual rate of growth.
average annual rate of growth = 72 / average annual rate of growth
72 / 9 = 8%
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Answer:
28%
Explanation:
let X = the percentage of ownership of Clor Confectionery
the investment account balance = $150,150 - X$20,500 + X75,650 = $165,550
$150,150 + X$55,150 = $165,550
X$55,150 = $15,400
X = $15,400 / $55,150 = 0.2792 = 27.92% ≈ 28%
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<span>The step in designing a customer value dash–driven marketing strategy in which a company divides a market into distinct groups of buyers is known as market segmentation.
The business market and consumers are divided into subgroups that share common properties and characteristics.</span>
activity shortly before the bankruptcy filing or divorce
Answer:c