When predicting future income growth rate, several factors should be considered. These include historical revenue, historical expenses, and profit margin. Historical revenue can be determined by totaling all income sources from past years. Historical expenses can be determined by totaling all expenses incurred in past years. The profit margin can be determined by subtracting total expenses from total income. It's also important to make allowances for major one-time purchases or gross expenses if necessary. Future predictions can then be made by multiplying actual revenue by a certain percentage based on these historical numbers.
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