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A Firm Currently Has Sales of 120 Units Per Month

Question 28

Multiple Choice

A firm currently has sales of 120 units per month. If the average growth rate of sales is 2 percent per month, approximately how many units will the firm be selling per month at the end of one year?


A) 152
B) 149
C) 144
D) None of the above is correct.

Correct Answer:

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