Wells Stanley
03/22/2024 · Elementary School

The profit at a lunch bar increased at a steady rate of \( 12 \% \) per year. This year the profit is \( 85,000 \mathrm{vt} \) How many years will it take the profit to exceed \( 400,000 \mathrm{vt} \) ?

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It will take approximately 14 years for the profit to exceed \( 400,000 \mathrm{vt} \).

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