At the beginning of January, Mr. Howard gives his niece $1 to start a savings account, for each month that she can triple the amount in the account, Mr. Howard will double the amount in the account at the end of each month. How much does Mr. Howard's niece in her account at the beginning of May?

Question

Mathematics

Westie

10 April, 02:03

At the beginning of January, Mr. Howard gives his niece $1 to start a savings account, for each month that she can triple the amount in the account, Mr. Howard will double the amount in the account at the end of each month. How much does Mr. Howard's niece in her account at the beginning of May?

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Christina Green · Answer 1

Assuming the niece triples this every month without fail, then it would simply be (2*3) ^x, where x is in months. In this case there are 5 months, so it would be (2*3) ^5 = 7776 dollars