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(Solved): Problem 15.024 - Average percentage increase The Marshall and Swift (M&S) equipment cost index s ...



Problem 15.024 - Average percentage increase The Marshall and Swift (M&S) equipment cost index started with a base value of 100 in 1926. Determine the average (compound) percentage increase per year between 1926 and 2023 when the index value was 1790.8. (Round the final añswer to two decimal places.) The average (compound) percentage increase is % per year.

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