Ask Question
14 July, 05:11

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?

+3
Answers (1)
  1. 14 July, 06:12
    0
    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 h elp for you.
Know the Answer?
Not Sure About the Answer?
Get an answer to your 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 ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers