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    <title>Projected revenue for any year</title>
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    <description>Projected revenue for any year in a State is calculated by applying the projected growth rate to the base year revenue of that State. The provision treats the base year revenue as the starting point and compounds it by the prescribed growth rate for each intervening year. An illustration shows the computation of projected revenue for a later financial year by applying the growth formula over the relevant number of years.</description>
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      <description>Projected revenue for any year in a State is calculated by applying the projected growth rate to the base year revenue of that State. The provision treats the base year revenue as the starting point and compounds it by the prescribed growth rate for each intervening year. An illustration shows the computation of projected revenue for a later financial year by applying the growth formula over the relevant number of years.</description>
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