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July 25, 2014

Homework Help: Math

Posted by Joss on Wednesday, August 14, 2013 at 8:41pm.

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 Company grow in year 2?

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