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Second year revenue: $1,200,000 + $300,000 = $1,500,000
Third year revenue: $1,500,000 + $225,000 = $1,725,000
A car depreciates in value by 20% annually. If the initial value of the car is $25,000, what will be its value after 3 years?
First year value: $25,000 - $5,000 = $20,000
Second year value: $20,000 - $4,000 = $16,000
Third year value: $16,000 - $3,200 = $12,800
A certain bacteria culture doubles every 4 hours. If you start with 500 bacteria, how many bacteria will there be after 1 day (24 hours)?
An investment of $10,000 earns a 5% interest compounded annually. How much will the investment be worth after 7 years?
A scientist measures the growth of a plant in a controlled experiment. The plant grows 3 cm per week for the first 4 weeks, then 1.5 cm per week for the next 6 weeks. What is the total growth after 10 weeks?
A company has a profit margin of 20% on sales. If its total sales for the year are $2,000,000, what is the profit?
