Geometric Savings Plan A very patient woman wishes tobecome a billionaire. She decides
Chapter 12, Problem 94(choose chapter or problem)
Geometric Savings Plan A very patient woman wishes tobecome a billionaire. She decides to follow a simple scheme:She puts aside 1 cent the first day, 2 cents the second day,4 cents the third day, and so on, doubling the number of centseach day. How much money will she have at the end of30 days? How many days will it take this woman to realizeher wish?
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