Question about Office Equipment & Supplies
X = current year's revenue
R = annual percentage increase
Then, at start of year 2, revenue is X*(100+R)
Then, at start of year 3, revenue is (X*(100+R))*(100+R)
Then, at start of year 4, revenue is ((X*(100+R))*(100+R))*(100+R)
So, what is the value of 'X' as specified in the problem statement?
Posted on May 10, 2014
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Posted on Jan 02, 2017
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