What equation is equivalent to 3(2x-5)=4(x+3)
2 answers:
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Answer:
The profit of the company in 2011 is $ 6.89 million
Step-by-step explanation:
Given data
In 2008 profit made by the company (P) = $ 4.9 million
Increase in profit of the company R = 12 % yearly
Now the profit of the company in 2011 is given by
Here P = $ 4.9 million
R = 12 % = 0.12
T = 3 years
Thus the profit of the company in 2011 is
= 6.89 million dollars
Therefore the profit of the company in 2011 is $ 6.89 million