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A business has annual retail sales of $128 000 in 2003 and $215 000 in 2006. Assuming that the annual increase in sales follows a linear pattern, calculate the average rate of increase in sales per year.

 

a) $29 000 

b) $21 750 

c) $87 000 

d) $14 5000

 

Fast Help, please.

Julius  Mar 30, 2018
 #1
avatar+86944 
+2

OK.....we can calculate this as follows

 

[ Sales in 2006  - Sales in 2003 ]

__________________________

    2006  - 2003

 

 

[215000  -  128000]

________________

           3

 

 

$29000

 

 

cool cool cool

CPhill  Mar 30, 2018

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