If revenue in 2014 is $133,000 and $144,000 in 2019, what is increase every year at a rate of 1.69%

Question

Need to know the dollar amount that would be increased each year.

Answer 1

differ=144,000 -133,000 =11,000

yeer from 2014 tu 2019=5 yeers

chaenj rate=11,000/5=2,200/yeer

or maebee yu want % chaenj??????????  11,000/133,000=0.082706766=8.27067%

Maebee yu want a kompounded chaenj?????????

like x% per yeer ???????

(end $) / (start $)=144/133=1.082706767

I fkompound eech yeer, (1+x%)^5=1.082706767

(1+x%)=(1.082706767)^1/5=1.016019797

or 1.602% per yeer