A student decides she wants to save money to buy a used car, which costs $2600. She comes up with what she thinks is a very modest savings plan. She decides to save 2 cents the first day and double the amount she saves each day thereafter. On the second day she plans to save 4 cents, on the third day, 8 cents, and so on.
A student decides she wants to save money to buy a used car, which costs $2600. She comes up with what she thinks is a very modest savings plan. She decides to save 2 cents the first day and double the amount she saves each day thereafter. On the second day she plans to save 4 cents, on the third day, 8 cents, and so on.
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Transcribed Image Text:**Problem 6**
A student decides she wants to save money to buy a used car, which costs $2600. She comes up with what she thinks is a very modest savings plan. She decides to save 2 cents the first day and double the amount she saves each day thereafter. On the second day she plans to save 4 cents, on the third day, 8 cents, and so on.
(a) Write an expression that represents the amount saved on day \( n \).
(b) Write an expression that represents the total amount saved by day \( n \) (including day \( n \)).
(c) Determine how long it will take her to save enough money to buy the car (The answer may surprise you!)
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