Give a formular on how to calculate growth rate

Clauziere asked Nov 12, 2023

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Clauziere asked Nov 12, 2023

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21 votes

Answer:

Straight-line percent change method example

Growth rate = (489 - 402) / 402. Absolute change = 87 (489 - 402) Growth rate = 0.2164 (87 / 402) Percent change = 21.64% (0.2164 x 100)

Eager answered Nov 18, 2023

by Eager

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