Roquelle6301
Roquelle6301
22.01.2021 • 
Mathematics

In a company's first year in operation, it made an annual profit of $123,500$123,500. The profit of the company increased at a constant 26% per year each year. Determine the value of r that would be used in your series formula.

A) .26
B) 1.26
C) .74

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