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Sam has $800 in his account. He will deposit $1 in his account one week from now,

Expert replies
by BTGModeratorVI » Thu Nov 05, 2020 8:01 am

Timer

00:00

Answers

A

B

C

D

E

Stats

Difficulty

Sam has $800 in his account. He will deposit $1 in his account one week from now, $2 two weeks from now, and each week thereafter he will deposit an amount that is $1 greater than the amount that he deposited one week before. If there are no other transactions, how much money will Sam have in his account 50 weeks from now?

A. $850
B. $1,200
C. $1,675
D. $2,075
E. $3,350

Answer: D
Source: Official guide
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