Revenue growth of a home theater business maxwell started a


Question: REVENUE GROWTH OF A HOME THEATER BUSINESS Maxwell started a home theater business in 2005. The revenue of his company for that year was $240,000. The revenue grew by 20% in 2006 and by 30% in 2007. Maxwell projected that the revenue growth for his company in the next 3 yr will be at least 25%/year. How much does Maxwell expect his minimum revenue to be for 2010?

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