SOLUTION: In the year 2005, a company made $6 million in profit. For each consecutive year after that, their profit increased by 13%. How much would the company's profit be in the year 2007,
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Question 1083619: In the year 2005, a company made $6 million in profit. For each consecutive year after that, their profit increased by 13%. How much would the company's profit be in the year 2007, to the nearest tenth of a million dollars?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
The profit will be 7.7 million in 2007
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