Question

Total sales of Jewelry Inc. were $12,000,000 two years ago and $13,400,000 last year. If the same trend continues, what are sales likely to be this year to the nearest hundred thousand dollars? (Hint: First find the percent increase.)

Answer 1

 Deleted Comment. Had wrong Answer

Answer 2

The profits from the year to year is 111.666666667%

so an increase of 11.666666667%

so add that to 13,400,000 to get your answer

Your answer is 14,963,333.3334