annual sales for a company are $150,000 and increases at a rate of 8% per yr for 6 yrs. After 6 yrs the company annual sales are?​

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annual sales for a company are $150,000 and increases at a rate of 8% per yr for 6 yrs. After 6 yrs the company annual sales are?​

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Nem 4 weeks 2021-08-17T12:57:18+00:00 1 Answers 0 views 0

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    2021-08-17T12:59:03+00:00

    Answer:

    After 6 years, the company’s annual sales will be $222,000

    Step-by-step explanation:

    8 percent of 150,000 is 12,000 which is the annual sale increase every year. Multiply that by 6 which is 72,000, the amount of annual sales after 6 years. Add that with 150,000 and you’ll get 222,000.

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