Respuesta :
Answer:
The second month's revenue is $3846.15
Explanation:
The interest rate at which the revenue grow = 30%
Total months or time periods = 6 months
The revenue of third month’s = $5000
Now we have to find the revenue for the second month.
Let the revenue of second month = x
Now, use the below equation to find the second month’s revenue
x + 30% of x = 5000
x + 0.3x = 5000
1.3x = 5000
x = 3846.15
Thus, the second month's revenue is $3846.15
The second month's revenue is $3846.15
- The calculation is as follows:
Let us assume the revenue of second month = x
x + 30% of x = 5000
x + 0.3x = 5000
1.3x = 5000
x = 3846.15
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