Question

In a company's first year in operation, it made an annual profit of

$
236
,
000
$236,000. The profit of the company increased at a constant 20% per year each year. How much total profit would the company make over the course of its first 19 years of operation, to the nearest whole number?

Answer 1

89,680,000

Explanation:

236,000×20=4,720,000×19=89,680,000

Answer 2

Answer:36518640

Explanation: