A store has seen its customers increasing at 1% per month. If it currently has 5,000 customers, how many customers will it have in one year? 6098 5634 6341 5350

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section4.2: Future Values
Problem 4ST
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A store has seen its customers increasing at 1% per month. If it currently
has 5,000 customers, how many customers will it have in one year?
O6098
5634
6341
5350
Transcribed Image Text:A store has seen its customers increasing at 1% per month. If it currently has 5,000 customers, how many customers will it have in one year? O6098 5634 6341 5350
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