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Constant Growth Model

The U.S. Bureau of the Census publishes employment statistics and demand forecasts for various occupations.

Employment (1,000)

Occupation 1998 2008

Bill collectors 311 420

Computer engineers 299 622

Physicians' assistants 66 98

Respiratory therapists 86 123

Systems analysts 617 1,194

A. Using a spreadsheet or handheld calculator, calculate the 10-year growth rate forecast using the constant growth model with annual compounding, and the constant growth model with continuous compounding for each occupation.

B. Compare your answers and discuss any differences.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91642078

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