Kizspy | Question: 50
(Choose 1 answer)
Finor Traps manufactures an innovative mouse trap. Total sales for the current year is $325,000. The
company expects its sales to increase to $500,000 in five years. What is the expected growth rate in sales for
this firm? (Round to the nearest percent.)
A. 9%
B. 11%
C. 6%
D. 12%