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Elza [17]
3 years ago
9

Solve. Use a calculator as needed for evaluating formulas.

Mathematics
1 answer:
slava [35]3 years ago
8 0

Answer:

$70.22 to the nearest cent.

Step-by-step explanation:

This is a geometric series with first term 0.03 and common ratio 2.

We need to find the sum of 15 terms of this series.

S15 = 0.03 *( 2^15 - 1) / (15 - 1)

= $70.22 .

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