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Master Paint Industries' sales in 2019 were $18 million, while in 2017 they were $10 million. Determine the sales growth rate. (4 points) 10. Determine

Master Paint Industries' sales in 2019 were $18 million, while in 2017 they were $10 million. Determine the sales growth rate. (4 points)

10. Determine the present value of a $3,500 perpetuity if the interest rate is 7%. If interest rates doubled to 14%, calculate the present value. (6 points)

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