Solve the problem.
-Computer sales for a certain company have reached $49 million per year and are growing at 12% 211) annually. At this growth rate, what will the amount of sales be next year? Round to the nearest
Tenth of a million.
A)$48.3 million
B)$5.9 million
C)$36.2 million
D)$54.9 million

Question

Quizplus · Accepted Answer

To find the sales amount for next year, we calculate the growth by multiplying the current sales by the growth rate (12%), and then add that to the current sales. $49 million * 12% = $5.88 million. Adding this to the current sales gives us $49 million + $5.88 million = $54.88 million, which rounds to $54.9 million.

Solve the Problem. -Computer Sales for a Certain Company Have Reached $49 Million