A college student humorously asks his parents to charge him room and board according to this geometric sequence: $0.01 for the first day of the month, $0.02 for the second day, $0.04 on the third day and so on. Find the total room and board he would pay for 30 days.
This is a math serial problem.
for day i, the payment is 0.01*2^(i-1)
then the total amount is ...
A word problem is solved using a geometeric sequence.