Question: Problems 1. The Toothpaste Division of Consumer Cosmetics had the following sales revenues in recent years: 2016 2017 2018 2019 2020 $1,000,000 $1,050,000 $1,102,500 $1,157,625

Problems 1. The Toothpaste Division of Consumer Cosmetics had the following sales revenues in recent years: 2016 2017 2018 2019 2020 $1,000,000 $1,050,000 $1,102,500 $1,157,625 $1,215,506 Required (a) Calculate the year-on-year percentage increase in sales revenues. (b) Estimate the sales revenue for 2021. The following are th

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