Kizspy Question: 49
(Choose 1 answer)
Animist Designers has generated sales of $625,000 for the current year. If it can increase its sales at a rate of
12 percent every year, how long will it take for its sales to triple? (Round to the nearest year.)
A. 8 years
B. 7 years
C. 10 years
D. 9 years
