Average annual rate of increase in the number of rabbits, Accounting Basics

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Average annual rate of increase in the number of rabbits

Problem:

You gave your little sister two rabbits for Easter seven years ago and now she has 84 of the cute little bunnies.

Requirement:

Question: What is the average annual rate of increase in the number of rabbits your sister owns?

Note: Provide support for your underlying principle.

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Accounting Basics: Average annual rate of increase in the number of rabbits

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Accounting Basics: Average annual rate of increase in the number of rabbits

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