mihirkantighosh
mihirkantighosh
18.12.2020 • 
Mathematics

A software company made a profit of £7.83 million in 2015. It expects profits to fall by 6% for each of the next 2 years and then increase by 13% each year after
that. Give your answers to two decimal places if necessary.
What is the expected profit in 2020?

What is the expected profit in 2024?

In what year will the company first
make over £10 million profit?

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