SOLUTION: Suppose you go to a company that pays 0.01 for the first day, 0.02 for the second day, 0.04 for the third day and so on. If the daily wage keeps doubling, what will your total inco

Algebra ->  Sequences-and-series -> SOLUTION: Suppose you go to a company that pays 0.01 for the first day, 0.02 for the second day, 0.04 for the third day and so on. If the daily wage keeps doubling, what will your total inco      Log On


   



Question 978955: Suppose you go to a company that pays 0.01 for the first day, 0.02 for the second day, 0.04 for the third day and so on. If the daily wage keeps doubling, what will your total income be for working 29 days ?
Total Income

Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
Suppose you go to a company that pays 0.01 for the first day, 0.02 for the second day, 0.04 for the third day and so on. If the daily wage keeps doubling, what will your total income be for working 29 days ?
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--> 0.01*(2^29 - 1)
= 5368709.11