Question

A startup company is making exponential profits each month.For the last 4 months (Jan to April), the monthly profit made by the company in any month is (2p+3) times the profit made in the previous month. p is a prime number. The profit made by the company in February is $700. What was the profit made by the company in April? *
A) $30,000B) $32,100C) $33,000D) $34,300E) $35,000

Answer 1

Answer:

C) $33,000D

Explanation:

A startup company is making exponential profits each month.For the last 4 months (Jan to April), the monthly profit made by the company in any month is (2p+3) times the profit made in the previous month. p is a prime number. The profit made by the company in February is $700. What was the profit made by the company in April? *

A) $30,000B) $32,100C) $33,000D) $34,300E) $35,000