In the year 2002, a company made $3.3 million in profit. For each consecutive year after that, their profit increased by 5%. How much would the company's profit be in the year 2006, to the nearest tenth of a million dollars?

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Victoriaarnold2873idn Victoriaarnold2873idn

02-03-2021
Mathematics

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In the year 2002, a company made $3.3 million in profit. For each consecutive year after that, their profit increased by 5%. How much would the company's profit be in the year 2006, to the nearest tenth of a million dollars?

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