Marcia Almeida works as a sales analyst for a toy manufacturer. She predicts that toy sales will decrease by 5% from May to June. If the amount of the sales decrease is $175,000, what level of sales is she predict- ng for June?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Solve the following problem. Round dollar amounts to the nearest cent. Round other amounts to the nearest tenth. Write rates as percents to the nearest tenth of a percent.

Marcia Almeida works as a sales analyst for a toy manufacturer. She predicts that toy
sales will decrease
C1
WC
S W
by 5% from May to June. If the amount of the sales decrease is $175.000, what level of sales is she predict-
ing for June?
W
S
3 PhotoGrid
Transcribed Image Text:Marcia Almeida works as a sales analyst for a toy manufacturer. She predicts that toy sales will decrease C1 WC S W by 5% from May to June. If the amount of the sales decrease is $175.000, what level of sales is she predict- ing for June? W S 3 PhotoGrid
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