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Suppose you deposit into a savings account one cent on January 1, two cents on January 2, four cents on January 3, and so on, doubling the amount of your deposit each day (assume that you use an electronic bank that is open every day of the year). How much will you deposit on January 10?

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Answer: day 10 you would deposit 5.12

Explanation:

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User Abby Chau Yu Hoi
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