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EMA's 2022 sales were $10 million. If sales grow at 5% per year, how large will they be 5 years later, in 2027? Note: Apply
EMA's 2022 sales were $10 million. If sales grow at 5% per year, how large will they be 5 years later, in 2027? Note: Apply the FV formula. The growth rate replaces the interest rate. O $12.8 million O $12.6 million O $12.6 million 6 O $12.9 million
EMA's 2022 sales were $10 million. If sales grow at 5% per year, how large will they be 5 years later, in 2027? Note: Apply the FV formula. The growth rate replaces the interest rate. $12.8 million $12.6 million $12.6 million $12.9 millionStep by Step Solution
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