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Mathematics 8 Online
OpenStudy (anonymous):

will give medal, please help! Jessica opened an apparel shop five years ago. In the first year, she made a profit of $3,125. Each year after that, her profit was 20 percent more than in the previous year. What is the total profit Jessica earned in 5 years? a. $32,400 b. $23,255 c. $7,776 d. $6,480

OpenStudy (here_to_help15):

Ok grab your sheet of paper hun or calculator. :3

OpenStudy (anonymous):

got one

OpenStudy (here_to_help15):

Oki so :#3 You are going to wanna multiply 3,125 and the 20 percent.

OpenStudy (here_to_help15):

Do you remember how to turn percentages to decimals?

OpenStudy (here_to_help15):

If yes you know that 20% turns to 0.20 or .2 whichever one works

OpenStudy (here_to_help15):

So when you multiply this together you get 3,750

OpenStudy (anonymous):

gotcha

OpenStudy (here_to_help15):

K and if im right you repeat the process for the next 4 times but lemme check real fast

OpenStudy (anonymous):

i times 3,125 by 0.20 and keep getting 625?

OpenStudy (here_to_help15):

:) :D You add that too the amount

OpenStudy (here_to_help15):

So add 625 to 3,125

OpenStudy (anonymous):

ohhhhhh. i get now cx

OpenStudy (here_to_help15):

and then you get 3750 then you multiply by .2 again :)

OpenStudy (here_to_help15):

then what you get from tht you add to tht and so on so on

OpenStudy (here_to_help15):

and*

OpenStudy (anonymous):

now i understand. thank you !!

OpenStudy (here_to_help15):

No problem and once you do all tht good stuff ;) you should get D

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