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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Ответ:

Drea1385

11.02.2023

Mathematics

He earned 505.80 a week without the increase. With the increase in wages he earns 604.8 with the increase

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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.