Question

Okay, third times the charm.

Answer 1

Answer:

100% = $405,500

100 + 24 = 124%

124/100=1.24

$405,500 x 1.24^18 = $19479651.89

$19479651.89 - $405,500 = $19074151.89 profit.

To nearest whole number is $19074152.

Hope this helps!