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May 18, 2013

Homework Help: math

Posted by Anonymous on Friday, June 1, 2012 at 11:46pm.

As compared to its first year of operation, ABC company grew 8% in the second year and an additional 2% per year for the next two years. If total growth for years 2-4 was $45,000 over the first year’s sales of $150,000, how much did ABC grow in year 2?

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