Multiple Choice
Animist Designers has generated sales of $625,000 for the current year. If it can grow the sales at a rate of 12 percent every year, how long will it take to triple the sales? (Round off to the nearest year.)
A) 8 years
B) 7 years
C) 10 years
D) 9 years
Correct Answer:
Verified
Correct Answer:
Verified
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