Cochrane associate's net sales last year were $525 million. if sales grow at 7.5% per year, how large (in millions) will they be 8 years later?

$936.33

Explanation:

We know that

Future value = Present value × (1 + rate)^number of years

where,

Net sales last year = Present value = $525 million

Rate = 7.5%

Number of years =8 years

So, the future value

= $525 million × (1 + 7.5%)^8

= $2,750 × 1.7834778256

= $936.33

We simply applied the above formula so that the future value could come

c

explanation:

well obviously you must be dumb if you dont noe dat

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