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A Manager Uses the Following Equation to Predict Monthly Receipts

Question 58

Multiple Choice

A manager uses the following equation to predict monthly receipts: Yt = 40,000 + 150t. What is the forecast for July if t = 0 in April of this year?


A)  40,450
B)  40,600
C)  42,100
D)  42,250
E)  42,400

Correct Answer:

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