Question: Please solve the problem, and I need the solution step by step The average annual growth rate in Net Sales for the industry from 1995

Please solve the problem, and I need the solution step by step

The average annual growth rate in Net Sales for the industry from 1995 onwards was 20%. By how many EUR did the Net Sales of IPG exceed the industry average by 1997? 320m 324m 328m 322m None of these The average annual growth rate in Net Sales for the industry from 1995 onwards was 20%. By how many EUR did the Net Sales of IPG exceed the industry average by 1997? 320m 324m 328m 322m None of these

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