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 The Kind Grandparents (Posted on 2003-09-30)
When you were born, both of your rich grandparents made a deal with your parents, to do with what money they'll give you for birthdays. Grandad's deal was :

I'll give you £1 for your first birthday. Then, the amounts that I give you each year will double every time

and Grandma said :

I will start by giving you £1 for your first birthday. Then, the amount I give you will be the combined total of all the last birthday presents that I have ever given you up to that point. Plus, every birthday you have that's a multiple of five, I'll give you an extra five pounds.

a)What amount of money do they each pay you for your 15th birthday

and

Who would have given you the most after 27 years?

 No Solution Yet Submitted by Lewis Rating: 3.7778 (9 votes)

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 re: solution | Comment 2 of 17 |
(In reply to solution by SilverKnight)

You got to this before I did, and got the same answer, so my only contribution is to be nit-picky:

I believe that in your last sentence you mean "grandmoter gives a total of £88,756,884 after 27 years."

ON the 27th birthday, grandmother "only" gives £44,378,442.

 Posted by Brian Wainscott on 2003-09-30 11:10:38

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