Metro Cable TV had sales of $2,000,000 in it's first year of opreation. If thereafter the sales increased by 18% of the previous year find the sales of the company in the seventh year and the total sales over the first 7 years of operation. Round your answers to nearest integer.
A) Sales in the 7th year is approximately $5,420,846 and total sales for the 7 years is approximately $24,284,802.
B) Sales in the 7th year is approximately $5,387,835 and total sales for the 7 years is approximately $24,281,623.
C) Sales in the 7th year is approximately $5,386,374 and total sales for the 7 years is approximately $24,281,760.
D) Sales in the 7th year is approximately $5,399,108 and total sales for the 7 years is approximately $24,283,043.
E) Sales in the 7th year is approximately $5,410,401 and total sales for the 7 years is approximately $24,284,872.
Correct Answer:
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