Answer:
2003.85
Step-by-step explanation:
I realize I'm a year late, but the math of the previous answer was so terrible I'm honestly too horrified to let this be.
You have save by an increasing amount of 3 pennies per day. You start with 3 and build from that, each day, for 365 days. First, you must figure out what amount of pennies you shoved into your account on the final 365th day.
An= a1+(n-1)d
An=term you want
a1= term you begin with
n= term you want
d= constant amount
A_365= 3 + (365-1)*3
A_365= 1095
Arithmetic Sum: Sn = N/2 (a1 + an)
365/2 * (3 + 1095) = 200385.
This means you've invested a total of 200385 PENNIES after 365 days.
The question asks for dollars, not your rusting lincoln's.
As (I hope) you know, 1 Dollar = 100 pennies
200385 pennies/100 = 2003.85.
This means you have $2003.85 in your account by the conclusion of the 365th day.
