The sales data (in units) of book store has been extracted for the three terms over 3 years as follows; Term-1Term-2Term-3 2020 4500 3,000 1,200 2021 6,000 4,200 2,400 20227,800 5,400 3,600 Required: Using multiplicative index, forecast sales for term-III (to the nearest 100) of the ear 2023 given an annual sales forecast of 18,000

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A: Hey there! Thank you for posting the question.  Since there are multiple questions posted, we will…