# Past Papers’ Solutions | Cambridge International Examinations (CIE) | AS & A level | Mathematics 9709 | Pure Mathematics 1 (P1-9709/01) | Year 2005 | Oct-Nov | (P1-9709/01) | Q#6

Question A small trading company made a profit of $250 000 in the year 2000. The company considered two different plans, plan A and plan B, for increasing its profits. Under plan A, the annual profit would increase each year by 5% of its value in the preceding year. Find, for plan A, i. the profit for the year 2008 […]