Suppose that the sales of a company in 2017 totaled $100 million MXN. If sales grow at 8% per year, determine the following:

to. How much will the amount of sales be in 10 years?

b. How much would they add up if they decreased by 8% per year for 10 years?

Answer rating: 100% (QA)

a To determine the amount of sales in 10 years we can use the compound interest formula A P... View the full answer