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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 …

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 …
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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
7.8k points

1 Answer

2 votes

Answer:

56%

Explanation:

I just guessed and got it right lol

User Jakob Homan
by
7.8k points
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