Quadratic Equations and Factoring (Algebra)

Question

The sale in April was 500 thousand dollars. The total sale of the second quarter was 1.82 million dollars. If the growth rate of sale maintained the same in May and June, determine the growth rate.

Answer 1

1.82/500 = 3.64/1000 = 0.00364 = 0.364%

= a little more than 1/3 of 1%