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)![]() ![]() ![]() 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( " \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( " \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( " \n" ); document.write( ". \n" ); document.write( "A calculator will tell you that \n" ); document.write( ". \n" ); document.write( " \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( " |