Solve the problem.During a five-year period, a company doubles its profits each year. If the profits at the end of the fifth year are $224,000, then what are the profits for each of the first four years?

A. $15,000, $30,000, $60,000, $118,000
B. $14,000, $28,000, $56,000, $140,000
C. $14,000, $28,000, $56,000, $112,000
D. $14,000, $28,000, $42,000, $56,000


Answer: C

Mathematics

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