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?

- math -
**Steve**, Saturday, June 2, 2012 at 1:34pm
year 2 grew by 8% of 150000 = 12000

the rest of the years don't matter. Also, I think the $45K growth figure is bogus, at 2%/year

It would have to grow at over 6%/year over years 2-4 to get from 150K to 195K after 4 years.

Or is the problem poorly worded?

- math -
**Alex**, Sunday, January 13, 2013 at 1:35pm
at a college book store Carla purchased a math text book and a novel that cost a total of $54, not including tax. If the price of the math math textbook, m is more than 3 times the price of the novel, n what is the price of each book I'm off and coming home?

## Answer this Question

## Related Questions

- math - As compared to its first year of operation, ABC Company grew 8% in the ...
- Math - As compared to its first year of operation, ABC Company grew 8% in the ...
- math - As compared to its first year of operation, ABC Company grew 8% in the ...
- maths - As compared to its first year of operation, ABC Company grew 8% in the ...
- msu - As compared to its first year of operation, ABC company grew 8% in the ...
- math 3rd part - b.The company is projecting a 20% growth each year for the next ...
- math b50 - must answered in sequences/series formulas If the profit earned by a ...
- Algebra 2 - Year: 1, 2, 3, 4, 5 Sale:.48,1.032,2.198,4.726,10.208 (in millions...
- Financial Management - Proctor Micro-Computers, Inc. requires $1,200,000 in ...
- Economics - Jim signed a new deal for $10 million with the Toronto maple leafs. ...