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19 December, 03:14

A share of Orange stock that was worth $25 in 2000 increased exponentially to $60 in 2010. What is the annual multiplier and what is the annual percent increase?

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  1. 19 December, 04:46
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    Answer:140%, 2.4

    Step-by-step explanation:

    Opening stock in 2010=$25

    Closing stock in2010=$60

    Percentage increase is $60-$25/25$

    Percentage increase = $35/$25

    Percentage increase = 1.4*100%

    Percentage increase = 140%

    Annual multiplier = $60/$25

    Annual multiplier = 2.4
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