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22 October, 07:19

If a person puts 1 cent in a piggy bank on the first day, 2 cents on the second day, 3 cents on the third day, and so forth, how much money will be in the bank after 40 days? $8.20 $16.40 $0.40 $4.10

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  1. 22 October, 07:34
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    This is an arithmetic sequence with the common difference being 1

    and if u have 1 cent on day 1 and 2 cents on day 2 ... then on day 40, u would have 40 cents ... but we need the sum of all the days ...

    the sum of an arithmetic sequence can be found using the formula:

    sn = n (a1 + an) / 2

    n = number of terms = 40

    a1 = first term = 1

    an = last term = 40

    now we sub

    s (40) = 40 (1 + 40) / 2

    s (40) = 40 (41) / 2

    s (40) = 1640/2

    s (40) = 820 ... 820 cents = $ 8.20 < = = the sum
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