[Solved] In 1975, the Era of Major League Baseball Free Agency

Question 84
Multiple Choice

In 1975, the era of major league baseball free agency began. The average player salary was $16,000. In 1980, the average salary was $30,000. What was the average annual growth in the minimum salary in major league baseball over those five years?

A) 37.50%
B) 13.40%
C) 5.92%
D) 10.67%

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