Time to grow: Zephyr Sales Company has sales of $1.125 million. If the companys management expects sales

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Time to grow: Zephyr Sales Company has sales of $1.125 million.

If the company’s management expects sales to grow 6.5 percent annually, how long will it be before sales double? Use a financial calculator to solve this problem.

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Fundamentals Of Corporate Finance

ISBN: 9781119795438

5th Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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