Suppose that a wealthy benefactor agrees to give you one penny today and then double the amount she gives you each day for 30 days. So, for example, you get two pennies on the second day and four pennies on the third day. How many pennies do you get on the 30th day? What is the total value of the gift you’ve received?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.49TI: Nathaly deposited $12,500 in her bank account where it will earn 4% simple interest. How much...
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Suppose that a wealthy benefactor agrees to give you one penny today and then double the amount she gives you each day for 30 days. So, for example, you get two pennies on the second day and four pennies on the third day. How many pennies do you get on the 30th day? What is the total value of the gift you’ve received?

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