QuestionUse the following data for the next 3 questions:The following are a company’s sales for the last 16 years:Year?ylophone1$2302$5733$9944$1,6835$3,1926$6,1407$8,8928$13,5869$18,37610$29,47611$33,59812$44,20813$58,47314$96,36815$149,30616$209,397?0. Fit an exponential trend curve to the data and show the equation.?1. Calculate the projected sales in year 17 using the exponential equation.?2. What is the CAGR over the 16-year periodAccountingBusinessFinancial AccountingFIN 610
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