SOLUTION: aling purings 24 hour convenience store opened seven months ago. The first month she made a profit of 3000 php. Each month thereafter, her profit averaged 20% greater than that of

SOLUTION: aling purings 24 hour convenience store opened seven months ago. The first month she made a profit of 3000 php. Each month thereafter, her profit averaged 20% greater than that of

Algebra.Com

Question 1119650: aling purings 24 hour convenience store opened seven months ago. The first month she made a profit of 3000 php. Each month thereafter, her profit averaged 20% greater than that of the previous month. How much profit did aling puring earn during her seventh month of business?
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!

The first month:

The second month:

The third month:

The nth month:

John

My calculator said it, I believe it, that settles it

RELATED QUESTIONS
a company's total profit for two months was $196,000. The second month's profit was 10%... (answered by Cromlix)

Kasim has just opened a new computer store. He made 43$ on each computer he sold. The... (answered by fractalier)

. Jonni runs a convenience store during the weekends. Her monthly profit in dollars,... (answered by lynnlo)

Steve opened a boutique in a shopping mall to sell perfumes and cologne. The amount made (answered by Theo,ikleyn)

You own a car wash with three of your friends. Your total profit in the first month was... (answered by TimothyLamb)

You and three friends own a paint shop. The shop's profit was $536 in the first month.... (answered by JulietG)

at the beginning of each month, the president of a small manufacturing company decides... (answered by Boreal)

If I invest $2000 over 24 months with a loss of 8% each month how much would I have... (answered by stanbon)

For 9 months a company lost $600/month and for the last 3 months made a profit of $1,200/ (answered by checkley79)