Suppose you save $1 the first day of a month, $4 the second day, $16 the third day, and so on. That is, each day you save four t
imes as much as you did the day before. What will you put aside for savings on the seventh day of the month?
1 answer:
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
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