P5-8 Calculating Interest Rates [LO3] In January 2007, the average price...
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Accounting
P5-8 Calculating Interest Rates [LO3]
In January 2007, the average price of an asset was $26,958. 6 years earlier, the average price was $20,708. What was the annual increase in selling price?
-4.30%
5.39%
4.04%
4.94%
4.49%
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