Answer:
Around $855,355.66
Step-by-step explanation:
In these type of problems, you'd use the following equation
[tex]Initial Value * (percentage)^{x}[/tex]
Since the revenue's increasing by 4% every year, you'd plug 104/100 in the percentage box. X is the ammount of times the percentage is applied, so it would be 7, since we're finding the sales after 7 years. Finally, 650000 goes into the initial value and yeah. After calculating, you'll get around $855,355.66
