Your finance text book sold 47,000 copies in its first year. The publishing company expects the sales to grow at a rate of 19.0 percent for the next three years, and by 6.0 percent in the fourth year. Calculate the total number of copies that the publisher expects to sell in year 3 and 4.
- What are the number of copies sold in three years?
- What are the number of copies sold in four years?