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Suzie's Slushes has increasing profits each week during the hot summer months. Suzie finds that each week during the summer her profits increase by 30% over what they were the previous week. In her first week of business, her profits were $300. How much money will she make in all over 4 weeks

Sagot :

The amount of money that Suzie will make over the four weeks is; $1856

How to find amount of profit made?

Suzie will make a profit of:

The first week =  $300

The second week =  (300 * 30%) + 300 = $390

The third week = 390 * (1430%) = $507

The fourth week: 507 × (1430%) = $659.1

Thus, Sum of profit = $300 + $390 + $507 + $659.1

Sum of Profit = $1856.1 ≈ $1856

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