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Murphy's Annual Income Has Increased by 10% Per Year for the Last

Question 6

Multiple Choice

Murphy's annual income has increased by 10% per year for the last 8 years. If Murphy's annual income is now $72,596, what was it 8 years ago?

A) $14,519
B) $33,867
C) $41,587
D) $51,922
E) $58077

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