Homework Help: math

Posted by cindy on Tuesday, November 1, 2011 at 12:57am.

A company has plans to increase its sales at the rate of 6% per year. If the sales of the company in 2001 were $23 million, how much sales can you expect the company to make in the year 2003?

math - Steve, Tuesday, November 1, 2011 at 11:12am
23 * 1.06^2 = $25.84 M

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