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Ida's ice-cream stand has increasing profits each week during the hot summer months. Ida finds that each week during the summer her profits increase by 15% over what they were the previous week. In her first week of business, her profits were $600. How much money will she make in all over 5 weeks?
Enter your answer, rounded to the nearest dollar, in the box.

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01-06-2021
Mathematics

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Ida's ice-cream stand has increasing profits each week during the hot summer months. Ida finds that each week during the summer her profits increase by 15% over what they were the previous week. In her first week of business, her profits were $600. How much money will she make in all over 5 weeks?
Enter your answer, rounded to the nearest dollar, in the box.

Sagot :

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kierahsoderberp8cc0f kierahsoderberp8cc0f · Answer 1 · 2021-06-08T20:58:38-04:00

kierahsoderberp8cc0f kierahsoderberp8cc0f

08-06-2021

Answer: $4045.43

Step-by-step explanation: I just took the test.

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shubhamchouhanvrVT shubhamchouhanvrVT · Answer 2 · 2022-06-08T09:08:45-04:00

The amount of money Ida will make in all over 5 weeks will be $4556.25.

What is Profit?

The amount of money earned by any seller on the cost price is called the profit. It is given that Ida's ice-cream stand has increasing profits each week during the hot summer months. Ida finds that each week during the summer her profits increase by 15% over what they were the previous week.

The amount will be calculated as follows:-

A = 600 ( 1.15 ) ⁵

A = $4556.25

Therefore the amount of money Ida will make in all over 5 weeks will be $4556.25.

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What is Profit?

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