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2 years ago

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?

1 answer:

Inga [223]2 years ago

3 0

11/2 of $100 is $550
($550 x 4) + $100 = <span>$2,300
hope this helps</span>

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