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What are the forecasted sales for year six

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Reference no: EM132946381

Assume the following actual sales figures:

Year 1 = 5,489

Year 2 = 5,800

Year 3 = 6,200

Year 4 = 7,250

Year 5 = 8,954

Problem 1: What are the forecasted sales for year 6 using the historical compound annual growth rate (CAGR)?

Reference no: EM132946381

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