Use the most accurate method to forecast the revenues of licenses, permits, and fees in Years 9,

Question:

Use the most accurate method to forecast the revenues of licenses, permits, and fees in Years 9, 10, and 11. Use the Year 8 actual figure instead of the forecast figure.

Also consider three incremental changes in forecasting. LO9 Year Revenues ($)
1 13,717,979 2 14,369,907 3 16,232,768 4 15,693,711 5 17,684,099 6 18,276,037 7 20,289,136 8 ?

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