jessica opened an apparel shop five years ago. in the first year, she made a profit of $3,125. each year after that, her profit was 20 percent more than in the previous year. what is the total profit jessica earned in 5 years?

a. $32,400
b. $23,255
c. $7,776
d. $6,480

B

Step-by-step explanation:

To get 20% more than previous year, we multiply previous year profit with 1.2

Year 1 profit: 3125

Year 2 profit:

Year 3 profit:

Year 4 profit:

Year 5 profit:

Total profit of 5 years is the sum of each individual year shown above.

Total profit in 5 years =

Answer choice B is correct.

x=6 and x=3

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