Answer:
$ 4096 on the 7th day
Step-by-step explanation:
From the amount earned for the first 3 days it's 1 , 4 , 16 , .... We realize it increases exponentially.
So therefore:
Day 1 =4⁰
Day 2=4¹
Day 3=4²
Day 4=4³
Day 5=4⁴
Day 6=4⁵
Day 7=4⁶
Therefore on day 7 he saves 4⁶ which is $4096
Answer:
x = 15
5x + 55 = 2x +100, plug in 15 and they are equal
Answer: D.
Step-by-step explanation:
The formula to find the compound amount (investment plus interest ) at the end of t years :
(1)
, where r= rate of interest ( in decimal)
P= Initial amount.
As per given , we have
P = x dollars
r = 8% = 0.08
t = 5
Put all the values in (1) , we get
Therefore , the the expression that represents the value, in dollars, of Pat's investment plus interest at the end of 5 years :
Hence, the correct answer is D.