APFIVE Vertically Shifted Exponential Growth
A financial analyst has data on an investment (years, value): (0, 2500), (1, 3000), (2, 3700), (3, 4640), (4, 5968). After analyzing the data, the analyst determines that a constant needs to be subtracted to reveal an exponential pattern. What is the annual growth rate of the investment after this transformation?
A
20%
B
30%
C
15%
D
40%
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