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Leroy owns a business earning $49,300 in profits. These profits are appreciating at about 2.9% each year. What are Leroy's profits after nine years?

Leroy owns a business earning $49,300 in profits. These profits are appreciating at about 2.9% each year. What are Leroy's profits after nine years?
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Leroy owns a business earning $49,300 in profits. These profits are appreciating at about 2.9% each year. What are Leroy's profits after nine years?

asked
User Madhu Ranjan
by
8.6k points

1 Answer

2 votes

Answer:

$63,765.43

Explanation:

answered
User Romuleald
by
8.5k points
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