A hardware store makes a profit of $41,000 during its first year. The store owner sets a goal of increasing profits by $9000 each year for 4 years. Assuming that this goal is met, find the total profit during the first 5 years of business.

Answer 1

looks like an arithmetic series with
a = 41000 , d = 9000, n = 5

find Sum(5) using the formula.
Confirm by just adding up the first 5 terms.