Total online revenues at OHaganBooks.com during 2009, its first year of operation, amounted to $163,000. After December 2009, revenues increased by a steady 21% each year. TrackOHaganBooks.com's revenues for the subsequent 5 years, assuming that this rate of growth continued. (Round your answers to the nearest cent.)2010 $2011 S2012 12013 12014 $During which year did the revenue first surpass $300,000Need Help?

Revenue is defined as the money generated by ordinary company activities and can be determined…

Answered: Total online revenues at…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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In 2007, Amazon reported total revenue of $14.8 billion. Ten years later it generated $177.9 billion in revenue. What was the compound annual growth rate in revenue from 2007 to 2017?
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