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Solve the given exponential equation. Round answer to three decimal places.
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Profit Margin
The amount by which revenue from sales exceeds costs in a business, expressed as a percentage of total sales.
Return on Investment
A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the net profit by the initial cost of the investment.
Increase in Income
An upward movement in earnings or revenue, signaling growth or improvement in financial performance.
Variable Cost
A cost that changes in proportion with the level of output or activity; in contrast to fixed costs, which remain constant regardless of activity.
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