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Problem:

Your finance text book sold 54,000 copies in its first year. The publishing company expects the sales to grow at a rate of 21.0 percent for the next three years, and by 8.0 percent in the fourth year.

Required:

Question: Calculate the total number of copies that the publisher expects to sell in year 3 and 4.

Note: Be sure to show how you arrived at your answer.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91171203

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