Question

a company makes $10 000 in 2017. The projection of profit increase is fixed 40% from the previous year. Predict the company profit in 2019.​

Answer 1

Answer:

19600

Step-by-step explanation:

For every year the profit increases by 40% so to figure out the profit from 2017 to 2018 you do 10,000*1.4 to and get 14,000. To get 2019's profit you do the same process, but use 2018's profit of 14,000 instead of 2017's profit to get 19,600.