Jeremiah owns a side business detailing cars. His first year he made 10500 in the following years his profits increased 9%

Yes it is 11,445. Percentage increase = 9% x 10,500. ———————————————————. New value = 10,500 + Percentage increase. Calculate the new value. New value =. —————————————————— 10,500 + percentage increase =. —————————————————— 10,500 + (9% x 10,500) =. —————————————————— 10,500 + 9% x 10,500 =. —————————————————— (1 + 9%) x 10,500 =. —————————————————— (100% + 9%) x 10,500 =. ——————————————————. 109% x 10,500 =. ——————————————————. 109 divided by 100 x 10,500. ——————————————————. 109 x 10,500 divided by 100 =. ——————————————————. 1,144,500 divided by 100 =. —————————————————— 11,445