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Bishop Corporation's new Chief Marketing Officer has pledged to increase sales from its current level...

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Finance

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Bishop Corporation's new Chief Marketing Officer has pledged to increase sales from its current level of $1.5 million at a rate of 8% per year until the firm hits sales of $2.2 million. How long will it take to hit the target goal at this rate of increase? a. 12 years ob. 7 years c. 5 years od 10 years

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