w Rates Sales for Hanebury Corporation's just-ended year were $10 million Sales were $5 million 5 years earlier. a. At what rate did sales grow? Round your answer to the nearest whole number. b. Suppose someone calculated the sales growth for Hanebury in part a as follows: "Sales doubled in 5 years. This represents a growth of 100% in 5 years; dividing 100% by 5 results in an estimated growth rate of 20% per year." Explain what is wrong with this calculation. -Select