A company has plans to increase its sales at the rate of 10% per year. If the sales of the company in 2001 were $ 17 million, how much sales can you expect the company to make in the year 2004?

Question

anonymous · Answer

$22.62M

anonymous · Answer

this is a formula problem...

anonymous · Answer

Oh man, I dunno.
X(1.1)=Y is the yearly increase where X is the dollar amount that year and Y is the value of X PLUS the increase.

anonymous · Answer

Idk....lol. That makes 2 of us. I don't get this stuff. I hate math so much