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December 18, 2014

December 18, 2014

Posted by **chelsea** on Thursday, May 26, 2011 at 10:01pm.

- math -
**MathMate**, Thursday, May 26, 2011 at 10:38pmIt is a geometric series where

profit for the nth year is given by

p(n)=ar^(n-1)

a=profit of the first year (3000)

r=increment ratio (1.5)

so for the 18th year, profit is

p(18)=3000*1.5^(18-1)

=...

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