A company made $1000 in profits this year. its profits are increasing by 10% each year. how long will it take before its profits double?
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A company made 1000 in profits this year.profit of each month
1000×10\100=1000/10=100
it takes to make its profit double
=1000/100
=10years
1000×10\100=1000/10=100
it takes to make its profit double
=1000/100
=10years
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