Annual growth rate would be less than 10 percent true or

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If a firm's earnings per share grew from $1 to $2 over a 10-year period, the total growth would be 100 percent, but the annual growth rate would be less than 10 percent true or false? Explain. 

Reference no: EM131100470

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Annual growth rate would be less than 10 percent true or : If a firm's earnings per share grew from $1 to $2 over a 10-year period, the total growth would be 100 percent, but the annual growth rate would be less than 10 percent true or false? Explain.
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