If Katie paid Tasha $0.01 on the first day of a 31 day month and doubled the amount everyday throughout the month, how much money would Tasha receive from Katie on the last day of the month?

Use the formula 2n-1 (0.01) (where n=number of days)

a)

$21,474,836.48

b)

$10,737,418.24

c)

$655.36

d)

$5,368,709.12

Question

2 December, 12:44

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Answers (1)

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Elena Zuniga · Answer 1

The correct answer is B

If Katie paid Tasha $0.01 on the first day of a 31 day month and doubled the amount everyday throughout the month, how much money would Tasha receive from Katie on the last day of the month?Use the formula 2n-1 (0.01) (where n=number of days)a)$21,474,836.48b)$10,737,418.24c)$655.36d)$5,368,709.12