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  3. problem 312 the following equation summarizes the trend portion of...

Question: problem 312 the following equation summarizes the trend portion of...

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Problem 3-12 The following equation summarizes the trend portion of quarterly sales of condominiums over a long cycle. Sales also exhibit seasonal variations. F 50-4t+3t2 where Fe-Unit sales t= O atthe first quarter of last year QuarterRelative .90 .90 -40 1.80 Using the information given, prepare a forecast of sales for each quarter of next year (not this year), and the first quarter of the year following that. (Round intermediate calculations and final answers to 2 decimal places.)
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