the annual growth rate of sales of a company for five year are 5,7.5,2.5,5 and 10% respectively. what is the average growth rate of sales.
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Divide the dividend at the end of the period by the beginning dividend. In this example, divide 30 cents by 20 cents, or $0.30 by $0.20, to get 1.5. Take the Nth root of your result, where N represents the number of years of the growth period.
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