A factory increased it's production of car from 80000 in the year 2006 - 2007 to 92610 in the year 2009 -2010. Find the annual rate of growth of production of cars.
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=》V = 92610
V = V0 ( 1+ r / 100 ) n
92610 - 80000 ( 1 + r % ) 3
12610 = ( 1+ r % ) 3
( 23.28 )3 =( 1+ r% ) 3
r = 22.28 %
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