Question 773005: If a person puts 1¢ in a piggy bank on the first day, 2¢ on the second day, 3¢ on the third day, and
so forth, how much money will be in the bank after 50 days?
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! If a person puts 1¢ in a piggy bank on the first day, 2¢ on the second day, 3¢ on the third day, and
so forth, how much money will be in the bank after 50 days?
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Arithmetic series: 1 + 2 + 3 + ....+ 48 +49 + 50
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S(50) = (50/2)(1+50) = 25*51 = 1275 cents = $12.75
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Cheers,
Stan H.
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