henrry424 henrry424
  • 27-09-2021
  • SAT
contestada

your business plan calls for sales of $45,000 in year 1 with compound growth of 30% per year thereafter. what are your projected sales for year 10? the formula for compound growth is e = b x (1 + r)t, where e is ending value, b is beginning value, r is rate of growth, and t is the amount of time.

Respuesta :

subigyasunuwar
subigyasunuwar subigyasunuwar
  • 30-09-2021

Answer:

48000

Explanation:

because,

45000×(1+30×100)

Answer Link

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