document.write( "Question 73431: IF YOU EARN $1 THE FIRST DAY OF WORK AND YOU SALARY IS DOUBLE EVERY DA1 (I.E. 1,2,4,8,16,32)HOW MUCH WILL YOU HAVE EARNED AFTER 30 DAYS? \n" ); document.write( "
Algebra.Com's Answer #52559 by bucky(2189)\"\" \"About 
You can put this solution on YOUR website!
This is a geometric progression. Every term is double the preceding term. Most beginning
\n" ); document.write( "math books will derive and show you the equation for the sum of the terms in a geometric
\n" ); document.write( "progression.
\n" ); document.write( ".
\n" ); document.write( "This equation is:
\n" ); document.write( ".
\n" ); document.write( "\"S+=+%28a%281-r%5En%29%29%2F%281-r%29\"
\n" ); document.write( ".
\n" ); document.write( "where the variables are defined as:
\n" ); document.write( "S = the sum of the terms in the given progression
\n" ); document.write( "a = the first term. In this problem the first term is 1
\n" ); document.write( "r = the common ratio. In this problem the common ratio is 2 (terms are doubled)
\n" ); document.write( "n = the number of terms. In this problem n = 30
\n" ); document.write( ".
\n" ); document.write( "Let's now just substitute numbers for this problem into the equation for the sum to get:
\n" ); document.write( ".
\n" ); document.write( "\"S+=+%281%281-2%5E30%29%29%2F%281-2%29\"
\n" ); document.write( ".
\n" ); document.write( "We can eliminate the multiplier 1 in the numerator, and the denominator becomes -1.
\n" ); document.write( "With these two changes the problem becomes:
\n" ); document.write( ".
\n" ); document.write( "\"S+=+%281-2%5E30%29%2F%28-1%29+=+-%281-2%5E30%29+\"
\n" ); document.write( ".
\n" ); document.write( "A calculator will tell you that \"2%5E30+=+1073741824\". Substituting this results in:
\n" ); document.write( ".
\n" ); document.write( "\"S+=+-%281-1073741824%29+=+-%28-1073741823%29+=+1073741823\" dollars
\n" ); document.write( ".
\n" ); document.write( "Not a bad deal. Start with a dollar on day 1 and 30 days later be worth $1,073,741,823.
\n" ); document.write( "A billionaire in just a month.
\n" ); document.write( ".
\n" ); document.write( "Hope this helps you see how to work the problem.
\n" ); document.write( "
\n" ); document.write( "
\n" );