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Arturiano [62]
3 years ago
13

If my weekly pocket money goes up by 50% each year . How much will I be getting a week after 3 years if I start on £1 a week ?

Mathematics
1 answer:
Vladimir [108]3 years ago
4 0

Answer: £3.38

Step-by-step explanation:

In the first year, the pocket money goes up by:

= 1 + (1 * 50%)

= £1.50

In the second year:

= 1.50 + (1.50 * 50%)

= £2.25

In the third year:

= 2.25 * ( 2.25 * 50%)

= £3.38

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The common difference must be the same throughout the entire sequence, so we can do it once more just to be sure:

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