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Average growth rate
Solve the first problem 6 problems
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- Fifth decile of fund growth rates ●○○○○ 10 ptsA mutual fund achieved the following monthly growth rates (in percent) over an 11-month period: 3, 2, 7, 8, 2, 4, 3, 7.5, 7.2, 2.7, 2.09. Determine the 5th decile of the data (give the value in percent, without the % sign).
- Average growth rate from yearly returns ●●○○○ 20 ptsA sum of money grew over 4 years by 25%, 12%, -4% and 10%, one rate per year. Find the average annual growth rate as a percentage. Round to two decimal places.
- Uniform annual growth rate ●●○○○ 20 ptsIn a factory, the production of motorbikes was 40,000 in a particular year and rose to 48,400 two years later. Find the uniform annual rate of growth, in percent.
- Annual growth rate of rice yield ●●○○○ 20 ptsIn a certain mountain village, the average rice yield per hectare was 7200 kg in 2010, and it was 8712 kg per hectare in 2012. Assuming the yield grew by the same percentage each year, find the annual average growth rate of the yield per hectare, as a percentage.
- Combined growth rate of two funds ●●●○○ 50 ptsFund A was worth $2.5m in 2000 and grew by 8%, -3%, -5%, 2% and 9% in the following five years. Fund B was worth $3.5m in 2000 and grew by 2%, 4%, -10%, 3% and 18% in the following five years. Find the average annual growth rate of the two funds taken together, as a percentage. Round to two decimal places.
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