1900 115,000
1901 123,000
To get from 1900 to 1901, there is a 6.96% increase.
1902 129,000
To get from 1901 to 1902, there is a 4.88% increase.
Therefore, this pattern suggests that the increase will decline by 2.08% per year.
Therefore, to get 1903 number's, we must increase 1902 by 2.80% (4.88-2.08)
Therefore, 1903 = 129,000 x 1.0280 = 132,612
If so far in the first 9 months of 1903, you have collected $104,490……that will mean that in the last 3 months, you are due to collect $28,122
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