Question: A July sales forecast projects that 7 , 0 0 0 units are going to be sold at a price of $ 1 1 .

A July sales forecast projects that 7,000 units are going to be sold at a price of $11.50 per unit. Management forecasts 15% growth in sales each month. Total July sales are anticipated to be:
Multiple Choice
$80,500.
$57,500.
$103,500.
$83,950.
$77,050.

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