Last year Dania Corporation's sales were $325 million. If sales grow at 9.9% per year, how large (in millions) will they be 8 years later? Your answer should be between 445.00 and 762.00, rounded to 2 decimal places, with no special characters.

Last year Dania Corporation's sales were $325 million. If sales grow at 9.9% per year, how large (in millions) will they be 8 years later? Your answer should be between 445.00 and 762.00, rounded to 2 decimal places, with no special characters.

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter4: Time Value Of Money

Section4.2: Future Values

Problem 4ST

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Last year Dania Corporation's sales were $325 million. If sales grow at 9.9% per year, how large (in millions) will they be 8
years later?
Your answer should be between 445.00 and 762.00, rounded to 2 decimal places, with no special characters.

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