Answer
$282954$
Work Step by Step
For an arithmetic sequence, we have
$a_n=a_1r^{n-1}$
common ration will be 10% increase per year this means that $r=1.1$ and $a_1=120000$
Thus, $a_{10}=120000(1.1)^{10-1}$
$a_{10}=282954$
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