New regulations go into effect in 2003 that require all planes in inventory to be newer than ten years old. Each year following 2002, both airlines need to sell the planes the regulations force them to eliminate from inventory, and then use the proceeds of those sales to -increase their inventory by 10% (rounded down because they are unable to buy fractions of planes). What is the combined number of planes owned by the two companies following their sales and purchases in 2004 ? _____ Submit Log in or register to post comments
