At which time the owners are planning on selling the


CelebNav, Inc. had sales last year of $500,000 and the analysts are predicting a good year for the start up, with sales growing 20 percent a year for the next 3 years. After that, the sales should grow 8 percent per year for another two years, at which time the owners are planning on selling the company. What are the projected sales for the last year before the sale?

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Finance Basics: At which time the owners are planning on selling the
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