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Time to attain goal: Elegant Designers have generated sales of $625,000 for the current year. If they can grow their sales at a rate of
Time to attain goal: Elegant Designers have generated sales of $625,000 for the current year. If they can grow their sales at a rate of 12 percent every year, how long will they take to triple their sales? (Round off to the nearest year.) Which is the correct answer? 9 years 8 years 10 years 7 years
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