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The Gilmore Insurance Group earned a profit of $10,000 in its first month of business. Then, its profit increased by 3% each month for the

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The Gilmore Insurance Group earned a profit of $10,000 in its first month of business. Then, its profit increased by 3% each month for the next two years. What is the total profit that the Gilmore Insurance Group earned in its first two years? $141,920.30 $20,327.94 $324,528.84 $19,735.87 $344,264.70

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