Question: Activity C.1: Saving Up Smartly
A Real-Life Application of Sequences
SCENARIO:
A student wants to build a personal savings fund. They commit to saving ₱50.00 in the first week and increase the amount they save by ₱15.00 each week.
❖ Week 1: ₱50.00
❖ Week 2: ₱65.00
❖ Week 3: ₱80.00
❖ ... (This continues as an arithmetic sequence.)
1. **Problem Statement:** A student saves money weekly starting with $50$ in the first week and increases the saving by $15$ each subsequent week. This forms an arithmetic sequence.
2. **Formula for Arithmetic Sequence:** The $n$th term of an arithmetic sequence is given by:
$$ a_n = a_1 + (n-1)d $$
where $a_1$ is the first term and $d$ is the common difference.
3. **Identify values:**
- First term $a_1 = 50$
- Common difference $d = 15$
4. **Example: Calculate the amount saved in Week 4:**
$$ a_4 = 50 + (4-1) \times 15 = 50 + 3 \times 15 = 50 + 45 = 95 $$
5. **Total savings after $n$ weeks:** The sum of the first $n$ terms of an arithmetic sequence is:
$$ S_n = \frac{n}{2} (2a_1 + (n-1)d) $$
6. **Example: Total saved after 4 weeks:**
$$ S_4 = \frac{4}{2} (2 \times 50 + (4-1) \times 15) = 2 (100 + 45) = 2 \times 145 = 290 $$
7. **Explanation:** Each week, the student saves $15$ more than the previous week, starting at $50$. Using the formulas, we can find the amount saved any week and the total saved over multiple weeks.
**Final answers:**
- Amount saved in Week 4 is $95$.
- Total saved after 4 weeks is $290$.