Suppose you could save $1 on January 1, $2 on January 2, $4 on January 3, and
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Suppose you could save $1 on January 1, $2 on January 2, $4 on January 3, and so on. What amount would you save on January 31? What would be the total amount of your savings during January?
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The amounts saved form a geometric sequence with a 1 1 and r 2 To determine the amount s...View the full answer
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