Question

Lee owns a business earning $25,400 in profits. These profits are appreciating at about 1.9% each year. What are Lee’s profits after seven years?

Answer 1

can some one help me

Answer 2

helllpppppp

Answer 3

.019 x 25400 repeat 7 times all all =

Answer 4

thats wrong that not the following answers

Answer 5

\[25400(1+0.019)^{1\times7}\]
25400(1.019)^7

Answer 6

I got \[\approx28976.97\]

Answer 7

i got that thanks

Answer 8

:) welcome

Answer 9

But just make sure you dont multiply \[25400\times1.091\] and then do it to the power of 7

Answer 10

i kept doing that when i first learned this and it really messed me up!!!

Answer 11

same here i didnt plug in what was given lol