contestada

online retail sales in in a recent year were $300 billion. if sales grow at a rate of 15% in one year, what will be the dollar amount of online retail sales next year?

Respuesta :

fernandoalonsoc

Answer:

The dollar amount of online retail sales next year will be

$345.000.000.000 dollars

Explanation:

To calculate the retail sales according to a given annual percentage growth you must follow these steps:

  1. Identify the base figure which is the number that will be multiplied by the annual percentage  of growth, in this case: $300 billion.
  2. Identify the percentage rate of growth, in this case: 15%
  3. Replace in the following formula

Online  Sales = Base figure + (Base figure x annual percentage of growth)

Online  Sales = 300'.000.000.000+(300'000.000.000 x 15%)

Online  Sales = 345'000.000.000