Burton Lang
10/27/2023 · Senior High School

'roblem 1. A company predicts a yearly profit of Php 120300 in the year 2018 . It predicts that the early profit will rise each year by 59 . Find the total predicted profit for the year 2018 to 2025 iclusive. Round off answer to the nearest whole number.

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To find the total predicted profit for the years 2018 to 2025 inclusive, we can use the formula for the sum of an arithmetic series. Given: - The first term (a) = Php 120300 - The common difference (d) = Php 59 - The number of terms (n) = 2025 - 2018 + 1 = 8 The formula for the sum of an arithmetic series is: \[ S_n = \frac{n}{2} \times (2a + (n-1)d) \] Substitute the values into the formula: \[ S_8 = \frac{8}{2} \times (2 \times 120300 + (8-1) \times 59) \] Now, we can calculate the total predicted profit for the years 2018 to 2025 inclusive. Calculate the value by following steps: - step0: Calculate: \(\frac{8}{2}\left(2\times 120300+\left(8-1\right)\times 59\right)\) - step1: Subtract the numbers: \(\frac{8}{2}\left(2\times 120300+7\times 59\right)\) - step2: Multiply the numbers: \(\frac{8}{2}\left(240600+7\times 59\right)\) - step3: Multiply the numbers: \(\frac{8}{2}\left(240600+413\right)\) - step4: Add the numbers: \(\frac{8}{2}\times 241013\) - step5: Divide the terms: \(4\times 241013\) - step6: Multiply the numbers: \(964052\) The total predicted profit for the years 2018 to 2025 inclusive is Php 964052. Rounding off to the nearest whole number, the total predicted profit is Php 964052.

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The total predicted profit for the years 2018 to 2025 inclusive is Php 964052.
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