http://prntscr.com/dg5bzv
Any ideas?
No, not really.
Specify the rate at which the profit increases.
You don't need to know much math or equations for this problem. You know how much profit was earned the first month. Each month, it earns 1.5 times the previous month. Just keep multiplying by 1.5 the correct number of times until you find the answer.
what if the 37th month is the required?!?! haha we would multiply from now 2 weeks?
So I just multiply 1.5 by two weeks?
If you want to do so, multi. the profit of the first month by 1.5, so you get the 2nd month profit, then multi, it by 1.5 again so you get the 3rd, then *1.5, you got the 4th, then *1.5 you got the 5th which is the required!
Is it 759?
I think i multiplied too much.
hahaha Just one step backwards: 506.25
I figured. lol Thank you.
So 506.25 is the answer?
Yes, Are you persuaded?
Yes, thank you..
Don't mention it! You are welcome! Any more questions?
Yep.
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