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Suppose that a company's sales were $5,000,000 three years ago. Since that time sales have grown at annual rates of 10 percent, 10 percent, and

Suppose that a company's sales were $5,000,000 three years ago. Since that time sales have grown at annual rates of 10 percent, 10 percent, and 25 percent.

(a)

Find the geometric mean growth rate of sales over this three-year period. (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Rg %
(b)

Find the ending value of sales after this three-year period. (Do not round intermediate calculations and round your final answer to nearest dollar amount. Omit the "$" sign in your response.)

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