The average growth factor for money compounded at annual interest rates of 10.3%, 8.3% and 1.6% can be found by computing the geometric mean of 1.103, 1.083, and 1.016. Find that average growth factor, or geometric mean. What single percentage growth rate would be the same as having three successive growth rates of 10.3%, 8.3%, and 1.6%? Is that result the same as the mean of 10.3%, 8.3%, and 1.6%?