Suppose a new business makes a $2,000 profit in its first month and has its profit increase by 14% each month for the next 2 years. How much profit will the business earn in its 13^th month? Round your answer to the nearest cent. A) $10,984.82 B) $9,635.81 C) $12,522.70 D) $8,452.46 E) $2,280.00

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The Answer of Suppose a new business makes a $2,000 profit in its first month and has its profit increase by 14% each month for the next 2 years. How much profit will the business earn in its 13^th month? Round your answer to the nearest cent. A) $10,984.82 B) $9,635.81 C) $12,522.70 D) $8,452.46 E) $2,280.00

Suppose a New Business Makes a $2,000 Profit in Its