Question: C++ Programming Lanuage: Write a program that computes a businesss potential profits each year for 20 years using the following assumptions: 1. Gross profit in
C++ Programming Lanuage: Write a program that computes a businesss potential profits each year for 20 years using the following assumptions:
1. Gross profit in the first year is projected to be $20,000.
2. Expenses in the first year are expected to be $35,000.
3. Net profit or loss is gross profit minus expenses.
4. Gross profits are expected to increase 10 percent each year.
5. Expenses are expected to increase 4 percent each year. Display the year, the gross profit, the expenses, and the net profit for each year. Also display the year in which a net profit is first reported.
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