Answer:
300
Step-by-step explanation:
X^2=10×10=100
3×100=300
Profit for August: x
Profit for September: x - 22%x
Total Profit for August & September: $689,000
x + x - 22% x = 689,000
2x - .22x = 689,000
1.78x = 689,000
x = 689,000/1.78
x = 387,078.65
August Profits: $387,078.65
September Profits: 387,078.65 - (22%)(387,078.65) = 387,078.65 - 85,157.30 = 301,921.35
August Profits: $387,078.65
September Profits
$301,921.35
Answer: D, $116
Step-by-step explanation:
A = 100(1 + 0.03)^5
A = 100(1.03)^5
A = 100(1.1593)
A = 115.92
Hope this helped!