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Mathematics, 05.05.2020 17:03 heggestade

A student decided to start saving money. On the first day he saved 1 cent, on the second day an additional 2 cents, on day 3 he saved 4 cents. Each day he doubled the amount he saved the previous day. How much would he be saving on day 20?

(Hint: The first term of the geometric sequence is 0.01 and the common ratio is 2. What is the 20th term?)

Question 1 options:

A-$3.80

B-$10,485.75

C-$5,242.88

D-$10,485.76

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Answers: 2

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