A leprechaun places a magic penny under a girl's pillow. The next night there are 2 magic pennies under her pillow. The following morning she finds four pennies. Apparently, while she sleeps each penny turns into two magic pennies. The total number of pennies seen under the pillow each day is the grand total; that is, the pennies from each of the previous days are not being stored away until more pennies magically appear. How many days would elapse before she has a total of more than 351 billion?
Answer:
Given that:
A leprechaun places a magic penny under a girl's pillow. The next night there are 2 magic pennies under her pillow. The following morning she finds four pennies.
Apparently, while she sleeps each penny turns into two magic pennies.
day 1 = 1 pennies = $0.01
Day 2 = 2 pennies = $ 0.02
Day 3 = 4 pennies = $ 0.08
Each day the pennies are getting douload.
It is a geometric sequence having first term , a = 0.01
Common ratio , r = 2
let n = no .of days.
Sum of n terms or total money $ 351 billion.
Take log on both side
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