Nike reported a profit of $28,951,000 for one quarter (3 months), a profit of $20,570,000 for the second quarter, a profit of $15,342,000 the third quarter, and a loss of $48,037,000 for the fourth quarter. What was the net profit for the year

.

Step-by-step explanation:

We have been given that Nike reported a profit of $28,951,000 for one quarter (3 months), a profit of $20,570,000 for the second quarter, a profit of $15,342,000 the third quarter, and a loss of $48,037,000 for the fourth quarter.

To find the net profit for year, we will subtract the loss in the 4th quarter from the sum of profit in 3 quarters as:

Therefore, the net profit for the year was .

to complete this square you have to rotate about the origin 270 degrees clockwise.

interest rate - 12.000%  

final payment - $355.40