Solve the problem.Suppose a new business makes a profit of $4000 in its first year, and its profit increases by 18% in each succeeding year. How much total profit did it earn in its first 6 years? Round your answer to the nearest cent.

A. $28,616.84
B. $38,731.81
C. $48,566.09
D. $37,767.87


Answer: D

Mathematics

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