question 16 (5 points) listen last year the company you work for did $232,000 in business. this year you…

question 16 (5 points) listen last year the company you work for did $232,000 in business. this year you anticipate an increase of 7%. how much business do you expect to do this year? a) $246,140 b) $215,760 c) $217,860 d) $248,240

question 16 (5 points) listen last year the company you work for did $232,000 in business. this year you anticipate an increase of 7%. how much business do you expect to do this year? a) $246,140 b) $215,760 c) $217,860 d) $248,240

Answer

Explanation:

Step1: Calculate the increase amount

$232000\times 7%=232000\times0.07 = 16240$

Step2: Calculate this year's business amount

$232000 + 16240=248240$

Answer:

D. $248,240$