The question is similar the problem of compounding Interest. The projected sales for year ten is : $ 477,202.5. Note that a Business Plan ios a document that shows how you plan run your business and how much profit or loss one is likely to make.
Steps to Calculation
To the right answer, multiply the figure of year one by 1.3 to get the figure for year 2. Do the same for year three until you get to year ten.
For example,
Year 1 = $45,000
Year 2 = $45,000 *1.3 = $58,500
Year 3 = $ 58,500 *1.3 = 76,050 etc.
The Figure by year ten will equal $477,203 approximately.
See the link below for more about Business Plans:
https://brainly.com/question/25311149
