The Table Below Shows Annual Demand (In 1,000,000 Units Per $$\begin{array} { c c } \text { Year } & \text { Demand } \\1990 & 1.1 \\1991 & 1.5 \\1992 & 1.5 \\1993 & 1.8\end{array}$$

Essay

The table below shows annual demand (in 1,000,000 units per year) for Widgets. Use this information to calculate a constant growth forecasting model. Use your growth model to forecast demand for the years 1995 and 2000.
$$\begin{array} { c c } \text { Year } & \text { Demand } \\1990 & 1.1 \\1991 & 1.5 \\1992 & 1.5 \\1993 & 1.8\end{array}$$