SOLUTION: A boy saved $10 in January. Supposed he saved twice as much the previous month, how much will he save at the end of the year?

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Question 123325: A boy saved $10 in January. Supposed he saved twice as much the previous month, how much will he save at the end of the year?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
JAN $10
FEB $10 + 2*$10 = $30
MAR $30 + 2*$20 = $70
APR $70 + 2*$40 = $150
MAY $150 + 2*$80 = $310
I can keep going with this, or I can try to put it
into a general equation which will give me the savings
after any month
Let savings after month m = s
s+=+10%2A2%5Em+-+10
where m = 1st month, 2nd month, etc and s is the
total savings at the end of that month
check:
m+=+5
s+=+10%2A2%5E5+-+10
s+=+320+-+10
s+=+310
OK