Question

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?

Answer 1

so for the people who needs the answer in the future i can confirm that the answer is 506.25

i took the test saw this question here and saw the answer above and boom that was the right answer

Explanation:

Answer 2

First Month
$100
Second Month
$100 (1.5) = $150
Third Month
$150 (1.5) = $225
Fourth Month
$225 (1.5) = $337.5
Fifth Month
$337.5 (1.5) = $506.25

The company's profit be in the fifth month would be $506.25

Hope this answer will be a good help for you.