In the fifth year of operation, the profit of a company was 3 times the profit it earned in the first year of operation. If its profit was $114,000 in the fifth year of operation, what was the profit...

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In the fifth year of operation, the profit of a company was 3 times the profit it earned in the first year of operation. If its profit was $114,000 in the fifth year of operation, what was the profit...

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