Based on a survey, In 2017, the IT Strategy team decided to develop a mobile application for the e-commerce store, and the firm launched the mobile app on 1st Jan 2018. Before 2018, smartphone visitors accessed the e-commerce store using the mobile website. Table 5 shows the average monthly visitors to the mobile website and mobile app from 2014 to 2019. (a) Write a formula in cell E15 to compute mobile website visitors' CAGR from 2014 to 2017. Screenshot attached below thank you

Np Ms Office 365/Excel 2016 I Ntermed
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ISBN:9781337508841
Author:Carey
Publisher:Carey
Chapter6: Managing Multiple Worksheets And Workbooks
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Based on a survey, In 2017, the IT Strategy team decided to develop a mobile application for the e-commerce store, and the firm launched the mobile app on 1st Jan 2018.

Before 2018, smartphone visitors accessed the e-commerce store using the mobile website.

Table 5 shows the average monthly visitors to the mobile website and mobile app from 2014 to 2019.

(a) Write a formula in cell E15 to compute mobile website visitors' CAGR from 2014 to 2017.

Screenshot attached below thank you

A
B
с
D
E
F
G
H
J
1 Based on a survey, In 2017, the IT Strategy team decided to develop a mobile application for the e-commerce store, and the firm launched the mobile app on 1st Jan 2018.
2 Before 2018, smartphone visitors accessed the e-commerce store using the mobile website.
3
Table 5 shows the average monthly visitors to the mobile website and mobile app from 2014 to 2019.
(a) Write a formula in cell E15 to compute mobile website visitors' CAGR from 2014 to 2017.
4
5
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8
9
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Year
2014
2015
2016
2017
2018
2019
Table 5
Mobile App
23085 NA
28001 NA
35430 NA
45122 NA
48219
49000
Mobile Website
13500
28000
Mobile Website Visitor CAGR during the period 2014 to 2017
Sample Answer
Mobile Website Visitor CAGR during the period 2014 to 2017
K
M
25.032%
N
Transcribed Image Text:A B с D E F G H J 1 Based on a survey, In 2017, the IT Strategy team decided to develop a mobile application for the e-commerce store, and the firm launched the mobile app on 1st Jan 2018. 2 Before 2018, smartphone visitors accessed the e-commerce store using the mobile website. 3 Table 5 shows the average monthly visitors to the mobile website and mobile app from 2014 to 2019. (a) Write a formula in cell E15 to compute mobile website visitors' CAGR from 2014 to 2017. 4 5 6 7 8 9 10 11 12 13 14 15 16 Year 2014 2015 2016 2017 2018 2019 Table 5 Mobile App 23085 NA 28001 NA 35430 NA 45122 NA 48219 49000 Mobile Website 13500 28000 Mobile Website Visitor CAGR during the period 2014 to 2017 Sample Answer Mobile Website Visitor CAGR during the period 2014 to 2017 K M 25.032% N
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