A corn farmer produces 40,000 bushels of corn in her first year of farming. Due to improved farming techniques, she increases the production by 5% each year. How many total bushels of corn did she produce in her first 4 years of farming? Round your answer to the nearest whole number. (1 point)

Answer 1

First, we need to find how many bushels of corn the farmer produced in each year after the first year. We start with the first year and increase it each year by 5%. So for year 2, she produces 40,000 * 1.05 = <<40000*1.05=42000>>42,000 bushels of corn.
For year 3, she produces 42,000 * 1.05 = <<42000*1.05=44100>>44,100 bushels of corn.
For year 4, she produces 44,100 * 1.05 = <<44100*1.05=46305>>46,305 bushels of corn.
To find the total bushels produced in all 4 years, we add up the bushels produced in each year: 40,000 + 42,000 + 44,100 + 46,305 = <<40000+42000+44100+46305=172405>>172,405 bushels of corn. Answer: \boxed{172,405}.