Solve
-During a Five-Year Period, a Company Doubles Its Profits $\$$

question 198

Multiple Choice

Solve.
-During a five-year period, a company doubles its profits each year. If the profits at the end of the fifth year are $\$$ 192,000 , then what are the profits for each of the first four years?

• A) \(\$ 13,000 , \$ 26,000 , \$ 52,000 , \$ 102,000\)
• B) \(\$ 12,000 , \$ 24,000 , \$ 36,000 , \$ 48,000\)
• C) \(\$ 12,000 , \$ 24,000 , \$ 48,000 , \$ 96,000\)
• D) \(\$ 12,000 , \$ 24,000 , \$ 48,000 , \$ 120,000\)

---

Definitions:

Pessimistic Explanatory Style

The inclination to ascribe adverse occurrences to constant, inherent, and widespread factors.

Type A Personality

A personality type characterized by high levels of competitiveness, self-drive, impatience, and a constant sense of urgency.

Optimism

An inclination to maintain a hopeful and positive attitude towards the future or the successful outcome of an event.

Rumination

The act of continuously thinking about the same thoughts, often negative, which can impede problem-solving and emotional recovery.