Home theatre business-revenue growth

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Maxwell started a home theatre business in 2011. The revenue of his company for that year was $270,000. The revenue grew by 18% in 2012 and by 28% in 2013. Maxwell projected that the revenue growth for his company in the next 3 years will be at least 23%/year. How much does Maxwell expect his minimum revenue to be for 2016? (Round your answer to the nearest cent.)

Reference no: EM13767644

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