Online Retail Sales Stood at $23

question 152

Short Answer

Online retail sales stood at $23.5 billion for 2000. For the next 2 years, they grew by 32.8% and 27.7% per year, respectively. For the next 6 years, online retail sales are projected to grow at 30.5%, 19.3%, 24.4%, 13.8%, 17.8%, and 10.3% per year, respectively. What are the projected online sales for 2008? Round your answer to the nearest tenth.
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$__________ billion

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Definitions:

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Basic rights and freedoms that are guaranteed to every human being, often enshrined in the law.

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A level of moral understanding that transcends cultural and societal norms, focusing on ethical principles and the rights of all individuals.