Question

A new firm loses $2000 in its first month, but its profit increases by $400 in each succeeding month for the next year. What . is its profit in the twelfth month? ​

Answer 1

Answer:

Ans. Given, A1 = $2000 profit = A1 + (n-1)d d = $400 = -2000+(12-1)400 n = 12 = $2400