Lucy's lemonade stand has increasing profits each week during the hot summer months . Lucy finds that each week during the summer her profits increase by 10% over what they were the previous week in her first week of business, her profits were $50 How much money will she make in all over 4 weeks? Enter your answer rounded to the nearest cent, in the box

She will make $232.1 in all over 4 weeks.

Step-by-step explanation:

Lucy's lemonade stand has increasing profit each week = 10%

Her profit for the initial week = $50.00

here the profit earned in every week will make a geometrical sequence.

In this sequence first term (a) = $50

and the common ratio (r) =   = 1.1

sum of n terms of this sequence =

by substituting the values,

= 232.05 ≈ $232.1

She will make $232.1 in all over 4 weeks.

a

step-by-step explanation:

step-by-step explanation:

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