A young company expects to double their profits every year for the next ten years. If their profits were $5,000 this year, which expression represents their profits after ten years?

5,000 * 2 * 10

5,000 * 210

5,0002 * 10

5,00010

Question

Mathematics

Samara Brooks

15 August, 05:23

A young company expects to double their profits every year for the next ten years. If their profits were $5,000 this year, which expression represents their profits after ten years?

5,000 * 2 * 10

5,000 * 210

5,0002 * 10

5,00010

+4

Answers (1)

Know the Answer?

Sanaa Randall · Answer 1

The second option: $5000 x 2^10.

Step-by-step explanation:

Initially the profits are $5,000 so after 1 year the profits will be doubled - that is 5000*2 = $10,000.

After 2 years the profits are 5000 * 2^2 = $20,000.

Therefore after 10 years the profits are 5000*2^10.

A young company expects to double their profits every year for the next ten years. If their profits were $5,000 this year, which expression represents their profits after ten years?5,000 * 2 * 105,000 * 2105,0002 * 105,00010

A young company expects to double their profits every year for the next ten years. If their profits were $5,000 this year, which expression represents their profits after ten years?

5,000 * 2 * 10

5,000 * 210

5,0002 * 10

5,00010