SOLUTION: In the year 2000, a company made $4.9 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 200

Algebra ->  Finance -> SOLUTION: In the year 2000, a company made $4.9 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 200      Log On


   

Question 1136262: In the year 2000, a company made $4.9 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 2003, to the nearest tenth of a million dollars?
Answer by josgarithmetic(39617) About Me  (Show Source):
You can put this solution on YOUR website!
Same question but uses different given values.