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A contractor hires out machinery. In the first year of hiring out of equipment the profit is 8250, but thisdiminishes by 3% in successive years.

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A contractor hires out machinery. In the first year of hiring out of equipment the profit is 8250, but thisdiminishes by 3% in successive years. Find the total of all the profit for the first 3 years. Round youranswer to the nearest pound.

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