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In the year 2010, a company made $7.1 million in profit. For each consecutive year after that, their profit increased by 9%. How much would the company's profit be in the year 2012, to the nearest tenth
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In the year 2010, a company made $7.1 million in profit. For each consecutive year after that, their profit increased by 9%. How much would the company's profit be in the year 2012, to the nearest tenth of a million dollars?​

User Binkpitch
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1 Answer

11 votes

Answer:

$8.4 million.

Explanation:

9% of 7.1 is .639

2011 = 7.1 + .639 = 7.739

2012 = 7.739 + .639 = 8.378

8.378 rounded to the nearest tenth is 8.4

User Joshkendrick
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