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(Future value) Sales of a new finance book were 10,000 copies this year and were expected to increase by 21 percent per year. What are
(Future value) Sales of a new finance book were 10,000 copies this year and were expected to increase by 21 percent per year. What are expected sales during each of the next 3 years? Graph this sales trend and explain. a. If the 10,000 copies of book sales this year were expected to increase by 21 percent per year, what are the expected sales of the new finance book next year? copies (Round to the nearest unit.) b. If the 10,000 copies of book sales this year were expected to increase by 21 percent per year, what are the expected sales of the new finance book in two years? copies (Round to the nearest unit.) c. If the 10,000 copies of book sales this year were expected to increase by 21 percent per year, what are the expected sales of the new finance book in three years? copies (Round to the nearest unit.) d. The following graph shows the sales trend for the next three years. 19000 17000- 15000 Book Sales 13000 11000- 9000 Years Judge whether the following statement about the shape of the sales trend line is true or false. "The sales trend graph is not linear, because this is a compound growth trend." (1). (Select from the drop-down menu.) (1) False O True
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