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(Future value) Sales of a new finance book were 15,000 copies this year and were expected to increase 20 percent per years. What are expected sales during each of the next 3 years?

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter1: Understanding Personal Finance

Section1.4: Perform Time Value Of Money Calculations

Problem 3CC

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(Future value) Sales of a new finance book were 15,000 copies this year and were expected to increase 20 percent per years. What are expected sales during each of the next 3 years?

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