Cameroon Corp manufactures and sells electric staplers for 1

Cameroon Corp. manufactures and sells electric staplers for $16.90 each. If 10,000 units were sold in December, and management forecasts 4.9% growth in sales each month, the number of electric stapler sales budgeted for March should be:

Solution

Answer= 11543 units in march

Month Sales Budget Sales Budget in units
January 10000*104.9% 10490
February 10490*104.9% 11004
March 11004*104.9% 11543

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