A new computer company earns a profit of $245000 in its first year. The company expects the profits to increase by 15% each year for each subsequent year. Using your series formula, find the profit earned in its seventh year.

$566,700 to the nearest dollar.

Step-by-step explanation:

This is a geometric series with nth term = a1r^(n-1) where common ratio r

= 1.15 and first term a1 = 245000

So in its 7th year the profit will be 245000^ 1.15^(7-1)

= 566699.8876.

hello, sorry being so rude after all that fighting i found it kind of funny, so as me saying sorry here is an answer!

since the table showed her that   2km = 2000m.

to determine, how many km in 2000m, she would divide by 1000.

= 2000 / 1000 = 2 km.

similarly, for 8000m = 8000 / 1000 = 8 km

cheers to savings

~

your pal papaguy