An investment for an oil acreage paid a man, in each year after the other, three times as much as in the preceding year, if the investment paid $45,375 in the first five years, how much did it pay in the 1st year and in the 4th year?

An investment for an oil acreage paid a man, in each year after the other, three times as much as in the preceding year, if the investment paid $45,375 in the first five years, how much did it pay in the 1st year and in the 4th year?

Algebra and Trigonometry (MindTap Course List)

4th Edition

ISBN:9781305071742

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

ChapterP: Prerequisites

SectionP.9: Modeling With Equations

Problem 28E

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An investment for an oil acreage paid a man, in each year after the other, three times as much as in the preceding year, if the investment paid $45,375 in the first five years, how much did it pay in the 1st year and in the 4th year?

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