Adriano runs a website that writers write better stories. every month, adriano receives a subscription fee of $5 from each of the subscribers to his website. the website had 200 subscribers last month. this month 40 new members joined the website and 10 members cancelled their subscription. how much money will adriano's online business earn this month?

Adriano's this month earning is $1150

Step-by-step explanation:

Adriano's existing customers =200

Every customer Pays subscription fee = $5 per month

This month number of customers joined =40

And number of number of customers cancelled subscription =10

So this month addition of new customers = 40-10 =30

Therefore total numbers of subscribers =200+30 =230

And money earned this month = 230× $5

                                                   = $1150

the answer is 200

step-by-step explanation:

the way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.

the simple interest for 2 years is $264; the simple interest for 1 year is $132.

$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.

the value of $200 at 22% interest compounded annually for three years is

200%281.22%29%5e3

the amount of interest is that value, minus the original $200.