ChandlerBong wrote:
Marge received a certain amount of money as a gift. She spent half of the amount in the first week. In each subsequent week for the next 12 weeks, she spent half of the amount remaining from the previous week. What was the first week in which the total amount of the gift that Marge had spent was greater than \(\frac{19}{20}\) of the amount of the gift?
A. 4th
B. 5th
C. 6th
D. 9th
E. 10th
Let's assume that Marge received $\(2x\) as a gift
The amount she spends the first week = \(x\)
The amount she spends the second week = \(\frac{x}{2}\)
The amount she spends the third week = \(\frac{x}{4}\)
The amount she spends the fourth week = \(\frac{x}{8}\)
.
.
so on
Question:
What was the first week in which the total amount of the gift that Marge had spent was greater than \(\frac{19}{20}\) of the amount of the gift?Expenses by Marge = {\(x\), \(\frac{x}{2}\), \(\frac{x}{4}\), \(\frac{x}{8}\), ...}
The expenses by Marge represent a Geometric progression with a common difference of \(\frac{1}{2}\)
\(\frac{19}{20} * 2x < x * \frac{(1-(\frac{1}{2})^n)}{1-\frac{1}{2}}\)
\(\frac{19}{20} * 2x < 2x(1-(\frac{1}{2})^n)\)
Dividing both sides of the equation by \(2x\)
\(\frac{19}{20} < 1-(\frac{1}{2})^n\)
\( (\frac{1}{2})^n < 1 - \frac{19}{20}\)
\( (\frac{1}{2})^n < \frac{1}{20}\)
Hence, the minimum value of n for which \( (\frac{1}{2})^n < \frac{1}{20}\) is \(5\)
Option BThere seems to be a typo in this answer posted by you.