Solve the Problem. -A Small Business Owner Made $30,000 the First Year He

question 122

Multiple Choice

Solve the problem.
-A small business owner made $30,000 the first year he owned his store and made an additional 2% over the previous year in each subsequent year. Find how much he made during his fourth year of business.
Find his total earnings during the first four years. (Round to the nearest cent, if necessary.)

• A)$31,836.24; $123,648.24
• B)$0.24; $30,612.24
• C)$51,840.00; $161,040.00
• D)$62,208.00; $223,248.00

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Definitions:

Mindfulness

A mental condition obtained through concentrating one's attention on the now, gently recognizing and accepting one's emotions, thoughts, and physical sensations.

Stressors

Factors or stimuli that induce stress, potentially causing psychological strain or emotional tension in individuals.

Work-family Conflict

A form of tension occurring when the demands of work clash with the demands of familial or personal life.

Job Demands

The physical, psychological, social, or organizational aspects of a job that require sustained effort and skills.