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8 February, 03:07

company increased profits by 2.3% each month for January, February, and March. If they had $12,635 in profits in January, how much were their profits in March?

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  1. 8 February, 03:14
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    February profit = 1.023 x 12635 = $12,925.61

    March profit = 1.023 x 12925.61 = $13,222.89
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