The profits for a company were $18.2 million in 2008 and have increased each year by $1.6 million. Let t represent the years

Question

The profits for a company were $18.2 million in 2008 and have increased each year by $1.6 million. Let t represent the years since 2008. Set up and solve a linear equation to find the year when the profits would reach $29.4 million.

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