Warren wanted to save money to purchase a new car. He started by saving $1 on the first of January. On the first of February, he saved $4. On the first of March, he saved $16. So on the first day of each month, he wanted to save four times as much as he did on the first day of the previous month. If Warren continues his savings pattern, how much will he need to save on the first day of July?

On the first day of July he will need to save $ (your answer here)

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salv9262 salv9262 · Answer 1 · 2022-02-23T04:45:11+01:00

Answer:

On the first day of July he will need to have saved $4098 for his new car.

Step-by-step explanation:

So we know that on March he save $16 and the amount he needs to save each month increases by 4 times the previous month’s amount.

We can conclude then for April he would need to have saved $64.

In May, if we repeat the pattern of multiplying the previous month’s savings by 4, Warren would have saved $256.

We will continue this pattern for June and July.

In July we will multiply $1024 (total saved in June) by 4 to find that in July, Warren will have needed to save $4098

Hope this helps you out :)