[Solution] A firm currently has sales of 120 units per month. If the average growth rate of sales is 2% per month, approximately how many units will the


Question: A firm currently has sales of 120 units per month. If the average growth rate of sales is 2% per month, approximately how many units will the firm be selling per month at the end of one year?

  1. 152
  2. 149
  3. 144
  4. None of the above is correct.

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