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Phoenix Company reported sales of $400,000 for Year 1, $450,000 for Year 2, and $500,000 for Year 3. Using Year 1 as the base year,

Phoenix Company reported sales of $400,000 for Year 1, $450,000 for Year 2, and $500,000 for Year 3. Using Year 1 as the base year, what were the percentage increases for Year 2 and Year 3 compared to the base year? A.80% for Year 2 and 90% for Year 3. B.88% for Year 2 and 80% for Year 3. C.88% for Year 2 and 90% for Year 3. D.112.5% for Year 2 and 125% for Year 3. E.125% for Year 2 and 112.5% for Year 3

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