Moderne Furniture Company had sales of $1,500,000 during its first year of operation. If the sales increased by $160,000/year thereafter, find Moderne's sales in the fifth year.
A) $2,460,000
B) $2,310,000
C) $2,140,000
D) $2,150,000
E) $2,300,000
Correct Answer:
Verified
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