Emery Mining Inc. recently reported $147,500 of sales, $75,500 of operating costs other than depreciation, and $10,200 of deprec
iation. The company had $16,500 of outstanding bonds that carry a 7.25% interest rate, and its federal-plus-state income tax rate was 25%. How much was the firm's net income
Given that: f(1)=13 and 2f(n-1)+(n-2) then: f(4) will be found as follows: f(2)=2f(2-1)=2f(1)=2*13=26 f(3)=2f(3-1)+(3-2)=2f(2)+1=2*26+1=53 f(4)=2f(4-1)+(4-2)=2f(3)+(4-2)=2(53)+2=108
