Tuesday

September 23, 2014

September 23, 2014

Posted by **sheri** on Tuesday, June 15, 2010 at 10:09pm.

If the profit earned by a company is $100 in the first year, and doubles each year such that the profit earned in the second year is $200, $400 in the third year and so on. Find the total profit earned by the company in 15 years of operation.

- math b50 -
**sheri**, Wednesday, June 16, 2010 at 10:24ami have figured out on my calculator what the answer is but the answer wont work when i use a formula.. HELP

- math b50 -
**tchrwill**, Wednesday, June 16, 2010 at 11:21amWIth first term of 100, common factor of 2 and number of years n = 15,

S = 100(2^15 - 1)/(2 - 1) =

or (100+200+400+800+16oo+3200+6400+12800+25600+51200+102400+204800+409800+819200+1638400)100 =

- math b50 -
**Anonymous**, Thursday, April 14, 2011 at 6:04pm1500

**Answer this Question**

**Related Questions**

economics - The MidNight Hour, a local nightclub, earned $100,000 in accounting ...

Managerial Economics - The Midnight hour a local nightclub earned $100,000 in ...

managerial economics - The MidNight Hour, LOCl nightclub, earned $100,000 in ...

Managerial econ 1 - 1)The Midnight hour, a local nightclub, earned $100,000 in ...

Managerial Economics Question - 1)The Midnight hour, a local nightclub, earned $...

algebra - an investor invested a total of 1,600 in 2 mutual funds.One fund ...

algebra - an investor invested a total of 1,100 in two mutual funds. One fund ...

Math - an investor invested a total of $3,100 in two mutual funds. One fund ...

mat/116 - Please help me slove this question. An investor invested a total of $3...

math - Assume that the business makes a profit with probability 0.3 in the first...