Question

In the year 2008, a company made $8.6 million in profit. For each consecutive year after that, their profit increased by 10%. How much would the company's profit be in the year 2012, to the nearest tenth of a million dollars?

Answer 1

Answer:

12,040,000

Step-by-step explanation:

You would first do 8.6 million times 0.10 and then you would multiply that times 4 bc of 4 years that passed and finally add to 8.6 million!