Answer:
32,767 pennies
Explanation:
The number of pennies saved by Joe for the first four days forms the sequence below:
We want to determine the total size of Joe's collection on the 15th day.
The sequence above forms a geometric sequence in which:
• The first term, a1 = 1
,
• The common ratio, r = 2/1=4/2=2
The sum of a geometric sequence is determined using the formula:
On the 15th day: n=15
If Joe continues with this pattern, he will have 32,767 pennies on the 15th day.