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## In the year 2010, a company made $7.1 million in profit. For each consecutive year after that, their profit increased by 9%. How much would

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In the year 2010, a company made $7.1 million in profit. For each consecutive year after that, their profit increased by 9%. How much would the company’s profit be in the year 2012, to the nearest tenth of a million dollars?

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Mathematics
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2021-08-07T20:50:14+00:00
2021-08-07T20:50:14+00:00 1 Answers
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## Answers ( )

Answer:$8.4 million.

Step-by-step explanation:9% of 7.1 is .639

2011 = 7.1 + .639 = 7.739

2012 = 7.739 + .639 = 8.378

8.378 rounded to the nearest tenth is 8.4