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!!!!!NEED HELP ASAP. RIGHT NOW!!!!!!
Company Profits of $100,000 are increasing by 15% each year. What will be the total profits after 3 years? Round your answer to the nearest penny; 2 decimal places.
f(t)=100,000(1+.15)^t

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25santhony

Answer:

15% of 100,000 is 15000, so that would be 100,000 + (15,000*3) = 145,000 after 3 years.

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