Annual Compounding. The following table shows annual sales data for Security Watch, Inc., over the ten-year 1998-2008 period:

A. Calculate the 1998-2008 growth rate in sales using the constant rate of change model with annual compounding.
B. Forecast sales for the years 2011 and 2016.

Question

Annual Compounding. The following table shows annual sales data for Security Watch, Inc., over the ten-year 1998-2008 period:
 
 A. Calculate the 1998-2008 growth rate in sales using the constant rate of change model with annual compounding.
B. Forecast sales for the years 2011 and 2016.

Quizplus · Accepted Answer

The Answer of Annual Compounding. The following table shows annual sales data for Security Watch, Inc., over the ten-year 1998-2008 period:
 
 A. Calculate the 1998-2008 growth rate in sales using the constant rate of change model with annual compounding.
B. Forecast sales for the years 2011 and 2016.