195k views
1 vote
A company ears a profit of $100 the first month it is in business. Every month after that, the

company ears a profit that is 1 1/2 the previous month's profit.
What will the company's profit be in the fifth month?

1 Answer

3 votes

Good evening ,

Answer:

1318.75 $

Explanation:

Look at the photo below for the details.

:)

A company ears a profit of $100 the first month it is in business. Every month after-example-1
User Mckoss
by
8.4k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories