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Pavel [41]
3 years ago
6

If the profits in your consulting business increase by 8​% one year and decrease by 2% the following​ year, your profits are up

by ​6% over two years.
Mathematics
1 answer:
olchik [2.2K]3 years ago
6 0

Answer:

not true....

assume $100 start.

in year 1 you are at $108 (up 8%)

in year 2  $108(.98) ... that is 2% down = 105.84...

thus your profit is up only 5.84% over the two years

Step-by-step explanation:

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