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A person purchased an ounce of gold for $250 in January of 2000. The value of the gold increased by 23% over the next 10 years. What is the growth factor? 1.35 0.75 0.23 0.64

A person purchased an ounce of gold for $250 in January of 2000. The value of the gold increased by 23% over the next 10 years. What is the growth factor? 1.35 0.75 0.23 0.64
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A person purchased an ounce of gold for $250 in January of 2000. The value of the

gold increased by 23% over the next 10 years. What is the growth factor?
1.35
0.75
0.23
0.64

User Joshua Berry
by
8.7k points

1 Answer

1 vote
0.64 is the answer to this question
User SMUsamaShah
by
8.1k points
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