m3xl0v3 m3xl0v3

18-01-2019
Mathematics

contestada

How much money would you have all together after 20 days if you were given one dollar the first day, double that dollar the next day, then double the previous day's dollars each day?

Respuesta :

altavistard altavistard

18-01-2019

Answer:

$1,040,576

Step-by-step explanation:

This question is an application of the exponential function.

The initial value is $1, the compounding is daily, the common factor is 2.

A = $1(2)^20 = $1,040,576

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