How much revenue will the manufacturer receive

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Reference no: EM13193631

It is estimated that the demand for a manufacturer's product is increasing exponentially at an instantaneous rate of 8% per year. If the current demand is increasing by 1000 units per year and if the price remains fixed at $350 per unit, how much revenue will the manufacturer receive from the sale of the product over the next 5 years?

Reference no: EM13193631

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