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Bishop Corporation's new Chief Marketing Officer has pledged to increase sales from its current level of $5,500 at a rate of 6% per year unti

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Bishop Corporation's new Chief Marketing Officer has pledged to increase sales from its current level of $5,500 at a rate of 6% per year unti the firm hits sales of $13,000. How long will it take to hit the target goal at this rate of increase? Multiple Choice o 25 years 15 years 5 years O 2 years

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