A man saved in . In each year after the first year, he saved more than he did in the preceding year. How much did he save in the first year?
- A
- B
- C
- D
Solution & Step-by-step Explanation
The savings over the years follow an Arithmetic Progression (AP) where:
* Total summation () =
* Number of years () =
* Common increase value () =
The formula for the sum of an AP is:
Substitute the known parameters into the formula:
The man saved during his first year.
* Total summation () =
* Number of years () =
* Common increase value () =
The formula for the sum of an AP is:
Substitute the known parameters into the formula:
The man saved during his first year.