If you save three pennies on January 1, six pennies on January 2, nine pennies on January 3, and continue this pattern for one y
ear (not a leap year), what will be the value of your entire savings, in dollars, at the end of that one year? Express your answer as a decimal.
1 answer:
This is an arithmetic series with first term a1 = 3 and common difference = 3
Sum after 365 days = (365/2)[ 2*3 + (365-1)*3]
= 200,385 pennies = $2003.85 Answer
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