Register
You hear a pitch where the founder says he'll reach $30 million sales in 5 years. His first year sales are projected at $5 million. which is closest to the compound growth rate he is implying? -10% 14%
212k views
2 votes
You hear a pitch where the founder says he'll reach $30 million sales in 5 years. His first year sales are projected at $5 million. which is closest to the compound growth rate he is implying?

-10%
14%
56%
298%​

User Matthias Kuhn
by
5.2k points

1 Answer

2 votes

Answer:

56%

Explanation:

I just guessed and got it right lol

User Jakob Homan
by
4.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.6m questions

7.3m answers

Other Questions

What is the value of x? (-4) - x = 5
1/7 + 3/14 equivalent fractions
185g in the ratio 2:3
(3x1,000,000)+(3x100,000)+(2x100) what is this number written in standard form?
The function h = -t2 + 95 models the path of a ball thrown by a boy where h represents height, in feet, and t represents the time, in seconds, that the ball is in the air. Assuming the boy lives at sea
Link Copied!