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Your company currently has sales of $200,000, but you expect to have $500,000 in sales in 5 years. What rate do you expect sales to

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Your company currently has sales of $200,000, but you expect to have $500,000 in sales in 5 years. What rate do you expect sales to grow by each year? Enter the following data into your calculator to solve the problem: N = 5 PV = -200,000 PMT = 0 FV = 500,000 Solve for I/YR =

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