Akeo Goto has opened a pet grooming business. He estimates the annual sales of the pet grooming market in his community to be about $325,000. There are two pet grooming businesses in town already. If Akeo achieves his five-year goal of capturing 45 percent of the market, how much will he earn in his fifth year?

Question

Akeo Goto has opened a pet grooming business.  He estimates the annual sales of the pet grooming market in his community to be about $325,000.  There are two pet grooming businesses in town already.  If Akeo achieves his five-year goal of capturing 45 percent of the market, how much will he earn in his fifth year?

jamesj · Answer

He will earn 45% of $325,000.

So calculate that.