# Annual dividends of AT&T Corp (T) grew from $0.87 in 2000 to$1.42 in 2012. What was the annual...

## Question:

Annual dividends of AT&T Corp (T) grew from $0.87 in 2000 to$1.42 in 2012. What was the annual growth rate?

## Calculating Growth Rate:

In many cases, we need to know how fast a particular variable is growing in value over time. This is called the growth rate of the variable. For example, we nee to know how fast the money in the retirement account is growing in order to determine when to retire.

The annual growth rate is 4.17%.

We can use the following formula to compute the periodic growth rate of a variable:

{eq}e^{ln(x_T / X_0)/T} -...

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