Answer: $97,900
Step-by-step explanation:
Company sales = $979,000
Monthly % of decline = 2.5 %
Amount loose monthly will be 2.5% of $979,000
= 2.5/100 x 979,000
= $24,475
since the decline is on monthly basis , and there are 12 months in a year therefore, the 3 years = 12 x 3
= 36 months,
Now, what the company looses in three years to come will be
= $24, 475 x 36
= $881, 100
Therefore , the company's sales in the three years will then be
= $979,000 - $881,100
= $97,900
.
