If an asset declines in value from $5,000 to $3,200 over nine years, what is the mean annual growth rate in the asset’s

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answerhappygod
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If an asset declines in value from $5,000 to $3,200 over nine years, what is the mean annual growth rate in the asset’s

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If an asset declines in value from $5,000 to $3,200 over nineyears, what is the mean annual growth rate in the asset’s valueover these nine years? Enter your answer as a percentage. Ifneeded, round your answer to two decimal digits.
%
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