A company reported revenue earnings of $10,000 during January 2012, and $10,201 during March 2012. This increase

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A company reported revenue earnings of $10,000 during January 2012, and $10,201 during March 2012. This increase in revenue earnings of 1% a month continued for the next 10 years.

a) Find the revenue earned during the month of Oct 2012.

b) Find the total revenue earned from January 2012 to December 2014.

c) Find the total revenue earned for the year 2014.

d) How many months did the company take to earn a total revenue of $300,000? Also, state the month and year this happened.

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jun 23, 2023 12:39 AM

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A company reported revenue earnings of $10,000 during January 2012, and $10,201 during March 2012. This increase

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To solve the given questions we can utilize the provided information that the revenue earnings increased by 1 each month a To find the revenue earned ... View the full answer

Income Tax Fundamentals 2013

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