Question

You are starting a new job and are told that your pay will be $3 on the first day. Each day after that, your pay will double until you reach the amount of $96. Starting from the first day, on what day will you reach $96?

6th day
8th day
4th day
10th day

Answer 1

A=3, b=2, t=0 to t=5, covering 6 days. $3, $6, $12, $24, $48, $96.

Explanation:

A is the starting amount at t=0. b is the base, two because the amount doubles each day. b would be 3 if it tripled every day. t is the final day number, counting from zero.