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Solve. -During a Five-Year Period, a Company Doubles Its Profits Each

Question 26

Multiple Choice

Solve.
-During a five-year period, a company doubles its profits each year. If the profits at the end of the fifth yearare $160,000, then what are the profits for each of the first four years?


A) $10,000, $20,000, $40,000, $80,000
B) $10,000, $20,000, $40,000, $100,000
C) $11,000, $22,000, $44,000, $86,000
D) $10,000, $20,000, $30,000, $40,000

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