4. A firm expects its sales to grow by 12% per month. If its January sales figure is 9,200 per month what will its expected total annual sales be?
5. A developing country currently produces 3,600 million units of food per annum and this rate of production is expected to increase by 4% a year. Its population is currently 2.5 million and expected to grow by 6% per annum. The minimum recommended average intake of food is 1,200 units of food per person per year. Assuming no changes in production or population growth rates, no imports and exports and no foreign aid, when will food production fall below
the subsistence level?