The Sales of Mary's Services for Years 1, 2, and 3

question 111

Multiple Choice

The sales of Mary's Services for Years 1, 2, and 3 are $25,000, $52,000, $64,000 respectively. The trend percentage for Year 2 is:

• A) 39.06%.
• B) 256.00%.
• C) 208.00%.
• D) 60.16%.

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Definitions:

Annuity

A series of payments of a fixed amount for a specified number of periods.

Supplement Income

Additional income earned beyond the primary source of income, often used to meet extra expenses or save for future needs.

Going Rate

The current average or standard price for goods or services in a particular market or industry.

Lottery

A form of gambling involving the drawing of numbers at random for a prize.