A Savings Plan You save a penny on day 1. On each of the following days you save double the amount of money you saved on the previous day. How much money will you have after: a. 5 days? b. 10 days? c. 15 days? d. n days? Hint : 2 1 = 2 , 2 2 = 4 , 2 3 = 8 , 2 4 = 16 , 2 5 = 32 , ... , 2 10 = 1024 , ... , 2 15 = 32758 , ...
A Savings Plan You save a penny on day 1. On each of the following days you save double the amount of money you saved on the previous day. How much money will you have after: a. 5 days? b. 10 days? c. 15 days? d. n days? Hint : 2 1 = 2 , 2 2 = 4 , 2 3 = 8 , 2 4 = 16 , 2 5 = 32 , ... , 2 10 = 1024 , ... , 2 15 = 32758 , ...
Solution Summary: The author calculates the money after 5 days. Money saved on day 1 = 1 penny.
A Savings Plan You save a penny on day 1. On each of the following days you save double the amount of money you saved on the previous day. How much money will you have after:
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