The Organization Will Give You P5,000.00 This Year, P10,000.00 Next…

The organization will give you P5,000.00 this year, P10,000.00 next year, and so on, doubling the amount each year until 5th year.

Answer:

In the second year the organization will give you P10000.00 which is double the amount you received in the previous year.

In the third year you will receive P20000.00 which is again double the amount from the previous year.

In the fourth year you will receive P40000.00 double the amount from the third year.

Finally in the fifth year you will receive P80000.00 which is double the amount from the previous year.

To summarize the organization will give you P5000.00 in the first year P10000.00 in the second year P20000.00 in the third year P40000.00 in the fourth year and P80000.00 in the fifth year.