In each of the years 2005, 2006 and 2007, the profits of company X wer

In each of the years 2005, 2006 and 2007, the profits of company X were 10 percent greater than in the previous year. What were the profits of the company in 2004? (1) The sum of the profits of company X in 2006 and 2007 were $10,164,000. (2) The profits of company X in 2007 were $924,000 (…)