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Question 4 A company generates $90 million in revenue in 2015. Revenue declines by 8% in both 2016 and 2017, and then grows by 11%
Question 4 A company generates $90 million in revenue in 2015. Revenue declines by 8% in both 2016 and 2017, and then grows by 11% in 2018. How much revenue did the firm generate in 2018 and what is its compound annual growth rate over the time period? (Round to the nearest million and percent). $85 million, 2% $85 million, 6% $84 million, 2% $85 million, -2% $85 million, -6%
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