A company predicts a yearly profit of RM120,000 in the year 2013. The company predicts that the yearly profit
will rise each year by 5%. The predicted yearly profit
forms a geometric sequence with a common ratio 1.05.
Find the sum of profit after 10 years and the amount of
profit at year 5.

Pounds of raisins = 1.5 lb

Pounds of cashew = 3.5 lb

Step-by-step explanation:

Let

Pounds of raisins = x

Pounds of cashew = y

x + y = 5 (1)

4.50x + 9.50y = 40 (2)

From (1)

x = 5 - y

Substitute x = 5 - y into

4.50x + 9.50y = 40

4.50(5 - y) + 9.50y = 40

22.50 - 4.50y + 9.50y = 40

- 4.50y + 9.50y = 40 - 22.50

5y = 17.5

y = 17.5 / 5

= 3.5

y = 3.5lb

Substitute y = 3.5 into

x + y = 5

x + 3.5 = 5

x = 5 - 3.5

= 1.5

x = 1.5lb

Pounds of raisins = 1.5 lb

Pounds of cashew = 3.5 lb