Online retail sales stood at $23.5 billion for 2000. For the next 2 years, they grew by 33% and 27.6% per year, respectively. For the next 6 years, online retail sales are projected to grow at 30.2%, 19.8%, 24.9%, 13.8%, 17.4%, and 10.4% per year, respectively. What are the projected online sales for 2008?
A) billion
B) billion
C) billion
D) billion
E) billion

Question

Online retail sales stood at $23.5 billion for 2000. For the next 2 years, they grew by 33% and 27.6% per year, respectively. For the next 6 years, online retail sales are projected to grow at 30.2%, 19.8%, 24.9%, 13.8%, 17.4%, and 10.4% per year, respectively. What are the projected online sales for 2008?
A) billion 
B) billion 
C) billion 
D) billion 
E) billion

Quizplus · Accepted Answer

The Answer of Online retail sales stood at $23.5 billion for 2000. For the next 2 years, they grew by 33% and 27.6% per year, respectively. For the next 6 years, online retail sales are projected to grow at 30.2%, 19.8%, 24.9%, 13.8%, 17.4%, and 10.4% per year, respectively. What are the projected online sales for 2008?
A) billion 
B) billion 
C) billion 
D) billion 
E) billion

Online Retail Sales Stood at $23