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A company earns a profit of $100 the first month it is in business. Every month after that, the company earns a profit that is 1 1/2 times the previous month's profit. What will the company's profit be
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A company earns a profit of $100 the first month it is in business. Every month after that, the company earns a profit that is 1 1/2 times the previous month's profit. What will the company's profit be in the fifth month?

User Billmcc
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1 Answer

3 votes
11/2 of $100 is $550
($550 x 4) + $100 = $2,300
hope this helps
User Lagoru
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