Nadir saves $1 the first day of a month, $2 the second day, $4 the third day, and so on. He continues to double his savings each day. Find the amount that he will save on the fifteenth day.Question 3 options:$16,384$29$32,768$8192
Accepted Solution
A:
Answer:$16,384Step-by-step explanation:The amount of money Nadir saves increases exponentially by a factor of 2. If you keep multiplying each previous number by 2 until you get to the 15th number, (2*2, 4*2, 8*2, 16*2), you will get 16,384.