Asked by dennyelle

A Clothing Shop opened eight years ago. The first year it made $5000 profit. Each year
thereafter the profits averaged 36% greater than the previous year. How much profit would be earned in the 14th year if this trend continues? Round to two decimal places.

help!
Answered by oobleck
500 * 1.36^14 =_____
Answered by dennyelle
where did you get 500 from?