At the beginning of January, Mr. Howard gives his niece $1 to start a savings account, for each month that she can triple the amount in the account, Mr. Howard will double the amount in the account at the end of each month. How much does Mr. Howard's niece in her account at the beginning of May?

Question

Shiloh Bender

Mathematics

4 December, 19:37

At the beginning of January, Mr. Howard gives his niece $1 to start a savings account, for each month that she can triple the amount in the account, Mr. Howard will double the amount in the account at the end of each month. How much does Mr. Howard's niece in her account at the beginning of May?

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Kara Hodge · Answer 1

Assuming the niece triples this every month without fail, then it would simply be (2*3) ^x, where x is in months. In this case there are 5 months, so it would be (2*3) ^5 = 7776 dollars