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Arlecino [84]
3 years ago
6

Sales at a grocery store increase 22% during the month of December. If the monthly sales are $300,000, how much are the sales in

December?
Mathematics
1 answer:
dybincka [34]3 years ago
3 0
300000 + 300000×0.22 = $366000
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The formula used is to divide 72 between the interest rate paid by the investment. The result is the number of years in which the capital invested will double.

It is important to mention that at the interest rate or return on your investment you must subtract the inflation. For example, if the annual rate of return is 15%, and inflation is 5% per year, your net rate is 10%.

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