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Use the following data for the next 3 questions The following are the company sales from 2000-2015 Year Xylophone 2000 $230 2001 $573 2002 $994

Use the following data for the next 3 questions The following are the company sales from 2000-2015 Year Xylophone 2000 $230 2001 $573 2002 $994 2003 $1,683 2004 $3,192 2005 $6,140 2006 $8,892 2007 $13,586 2008 $18,376 2009 $29,476 2010 $33,598 2011 $44,208 2012 $58,473 2013 $96,368 2014 $149,306 2015 $204,397 11. Fit an exponential trend curve to the data- show the equation 12. Calculate the projected sales in 2016 13. What is the CAGR over the 2000-2015 period?

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