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In its second year of operation, a local Internet provider's profits were $174,500. If this amount was 676% of the company's first-year profits, find the first-year profits (to the nearest hundred dollars)

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Answer:The first-year profits of the local Internet provider can be determined by dividing the second year profits of $174,500 by 676%, which equates to $25,746. This means that the first-year profits of the local Internet provider are $25,746 to the nearest hundred dollars

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