Mathematics, 25.03.2020 03:09 joelpimentel

An analyst notices that a CEO has consistently achieved 6% growth in profits from one year
to the next. The CEO's company currently has annual profits of $955,500. If the trend
continues, what will the annual profits be in 3 years?
If necessary, round your answer to the nearest cent.

Answers: 1

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An analyst notices that a CEO has consistently achieved 6% growth in profits from one year to the next. The CEO's company currently has annual profits of $955,500. If the trend continues, what will the annual profits be in 3 years? If necessary, round your answer to the nearest cent.

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Other questions on the subject: Mathematics

Questions in other subjects:

An analyst notices that a CEO has consistently achieved 6% growth in profits from one year
to the next. The CEO's company currently has annual profits of $955,500. If the trend
continues, what will the annual profits be in 3 years?
If necessary, round your answer to the nearest cent.