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:

Emotional States

These are temporary feelings or moods experienced by individuals, such as happiness, anger, or sadness.

Physiological Cues

Bodily signals that indicate to an individual how they are feeling physically or emotionally, often in response to internal or external factors.

Evolutionary Theories

Frameworks that explain various aspects of biological and sociocultural phenomena based on principles of evolution and natural selection.

Innate Reactions

Automatic, natural responses to stimuli that organisms are born with, which do not require learning.