Question

Year Value 2004 $8000 2005 $12,000 2006 $16,000 2007 $20,000 2008 $24,000 The table shows the value of Susie's bank account during a 5-year period. At what rate has her account value been growing?

Answer 1

Susie's account value has been growing at 1.5%. Take 12,000/8000 to get 1.5