11-03-2021
Mathematics

contestada

A new computer company earns a profit of $245000 in its first year. The company
expects the profits to increase by 15% each year for each subsequent year. Using
your annuity formula, find the total profit earned in its first 10 years.

Respuesta :

jojofetty jojofetty

11-03-2021

Answer:

612500

Step-by-step explanation:

15%of245000=36750

367050×10=367500

367500+245000=612500

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