SOLUTION: What is the total pay for a person that is paid 1 cent on the first day and 2 cents on the second day and it doubles each day after for the 30 days?

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Question 1105932: What is the total pay for a person that is paid 1 cent on the first day and 2 cents on the second day and it doubles each day after for the 30 days?
Found 2 solutions by Alan3354, ikleyn:
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
What is the total pay for a person that is paid 1 cent on the first day and 2 cents on the second day and it doubles each day after for the 30 days?
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2^30 - 1 cents
= $10,737,418.23
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PS 2^30 is 1 Gig, as in 1 Gigabyte.
Giga is actually 1 billion, but it's close.
Meg =~ 1 million = 1,048,576 = 2^20
Kilo =~ 1000 = 1024 = 2^10
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You never outgrow your need for useless facts.

Answer by ikleyn(52788) About Me  (Show Source):
You can put this solution on YOUR website!
.
It is about finding the sum of a geometric progression.

On geometric progressions,  see the introductory lessons
    - Geometric progressions
    - The proofs of the formulas for geometric progressions
    - Problems on geometric progressions
    - Word problems on geometric progressions
in this site.

Also,  you have this free of charge online textbook in ALGEBRA-II in this site
    - ALGEBRA-II - YOUR ONLINE TEXTBOOK.

The referred lessons are the part of this online textbook under the topic
"Geometric progressions".