HELP THIS IS FOR MY FINAL GRADE

Ida's ice-cream stand has increasing profits each week during the hot summer months. Ida finds that each week during the summer her profits increase by 15% over what they were the previous week. In her first week of business, her profits were $600. How much money will she make in all over 5 weeks?

Respuesta :

Answer:

Ida makes $ 6960 in 5 weeks.

Step-by-step explanation:

Let the profit of the first week is p.

p = $ 600

Total profits of the five weeks

= p + (p + 0.15p) + (p + p +0.15 p) + (p + p + p + 0.15 p) + (p + p + p + p + 0.15 p)

= 11 p + 0.6 p

= 11 x 600 + 0.6 x 600

= 6600 + 360

= $ 6960

So, Ida makes $ 6960 in 5 weeks.