Lionel T. answered 05/12/16
Tutor
New to Wyzant
I love math and you will too!
Let x be the random amount of money and n be the number of days passed and xn be the new amount of money
So day 1 you have 1x
Day 2 x2 = 2x
Day 3 x3 = 4x
Day 4 x4 = 8x
As you figured out the coefficient keeps doubling on x
That will hopefully lead you to
xn = 2n-1x
Day 1, your initial day, 2n-1 = 20 = 1 so you have your initial money amount.