If Sarah was saving for a computer that cost$1200 the first month she saved$20 and doubled the amount each month after that how many months will it take her to save the money?
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document.write( "Month 1: $20 saved\r\n" );
document.write( "Month 2: 2(20), or $40 saved\r\n" );
document.write( "Month 3: 2(40), or $80 saved\r\n" );
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document.write( "The above represents a GP with the following sequence:
, with:\r\n" );
document.write( "n = number (month) of the sequence\r\n" );
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document.write( "We now use the sum of a GP, or
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------- Substituting
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-------- Cross-multiplying\r\n" );
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, or $610\r\n" );
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document.write( "As seen above, the term, or month that she will have saved 1,200 or more is the one in which she has saved $610, or more\r\n" );
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document.write( "Now we see that:
becomes:\r\n" );
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------ Dividing by 20\r\n" );
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------- Converting to LOGARITHMIC form\r\n" );
document.write( "n, or month in which she will have saved $610 =
, or
. \r\n" );
document.write( "This means that in month 5, she would NOT HAVE realized her goal of $1,200, but in month 6, she would’ve saved more than the $1,200 (see table below).\r\n" );
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document.write( "OR\r\n" );
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document.write( "The EASIEST METHOD:\r\n" );
document.write( "Month Amount Saved Total Saved\r\n" );
document.write( " 1 $20 $20\r\n" );
document.write( " 2 2(20) = $40 $60\r\n" );
document.write( " 3 2(40) = $80 $140\r\n" );
document.write( " 4 2(80) = $160 $300\r\n" );
document.write( " 5 2(160) = $320 $620\r\n" );
document.write( " 6 2(320) = $640 $1,260
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