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Word problem in regards to geometric sequences.

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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.

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Solution Summary

A word problem is solved using a geometric sequence. The total room and board he would pay is determined.

Solution Preview

This is a math serial problem.
for day i, the payment is 0.01*2^(i-1)
then the total amount is ...

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