A car dealership sold one car in its first month of business. The number of cars it sold doubled each month. What was the total number of cars the dealership sold during the first 12 months?

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Answer:

4095

Step-by-step explanation:

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Assuming the number of cars it sold doubled each month. The total number of cars the dealership sold during the first 12 months is: 4095.

Total number of cars sold

Using exponential growth  formula

Total number of cars sold=2^N - 1

Where:

N = Number of months=12 months

Let plug in the formula

Total number of cars sold=2^12 - 1

Total number of cars sold=4,096 - 1

Total number of cars sold=4,095

Inconclusion the total number of cars the dealership sold during the first 12 months is: 4095.

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