I've been going to the gym every day and improving by 1% each day. If I can lift 100 pounds now, which of the following is the best estimate for the number of pounds I can lift in a year?
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Everyday, Kevin improves by 1 % from the previous day (this should be mentioned for more clarity). This can be represented as a geometric progression, where
a 0 = 1 0 0 , r = 1 0 0 1 0 1
After a year ( 3 6 5 days later), he can carry
a 3 6 5 = 1 0 0 ( 1 0 0 1 0 1 ) 3 6 5 ≈ 3 7 7 8 . 3 4
The closest answer is 3 8 0 0