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Last year, a business's three salespeople each generated $452,500 in sales. This year, the business hired a fourth salesperson and expects each salesperson to sell 5% more than last year. What amount is the business forecasting in sales this year?

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Last year, a business's three salespeople each generated $452,500 in sales. This year, the business hired a fourth salesperson and expects each salesperson to sell 5% more than last year. What amount is the business forecasting in sales this year?






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