Sam plans to double his savings each day. He starts with $0.03 in his account. How much will be have saved after 30 days?

Question

Sam plans to double his savings each day. He starts
with $0.03 in his account. How much will be have saved
after 30 days?

in progress 0
Vân Khánh 3 years 2021-08-26T01:58:51+00:00 2 Answers 51 views 0

Answers ( )

  1. thugiang
    0
    2021-08-26T02:00:34+00:00
    Reply

    Sam’s stating value=$0.03

    Double saving in =2 times each day.

    Total day=30

    so,

    According to the question,

    \bold{ 0.03×2^{30} }

    \bold{ 0.03×1073741824 }

    \bold{32212254.72 }

    so,

    32212254.72$ will have be saved after 30 days.

  2. Nho
    0
    2021-08-26T02:00:44+00:00
    Reply

    Answer:

    • $32212254.72

    Step-by-step explanation:

    • Initial value = $0.03
    • Increase rate = 2 times each day
    • Time = 30 days

    Saving amount after 30 days:

    • $0.03*2^30 = $32212254.72

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