Question

If you save three pennies on January 1, six pennies on January 2, nine pennies on January 3, and continue this pattern for one year (not a leap year), what will be the value of your entire savings, in dollars, at the end of that one year? Express your answer as a decimal.

Answer 1

3(1+2+3+4+ - -- - + 365) = 3 (365)*364/2 pennies

Answer 2

1992.90 dollars