David saved $5 in the first week of a year and then increased his weekly savings by $1.75. If in the nth week, his weekly savings become $20.75, find the value of 'n'.
David saved $5 in the first week and then started increasing his savings each week by $1.75.
So, David's weekly savings form an arithmatic progression.
Hence,
First term, a = 5
Common difference, d = 1.75
Also given,
an = 20.75
As we know, by the nth term formula,
an = a + (n − 1) d
Therefore, we get:
20.75=5+(n−1)×1.75
⇒15.75=(n−1)×1.75
⇒(n–1)=15.751.75=1575175=637=9
⇒(n–1)=9
⇒n=10
Hence, the value of 'n' is 10.