Janet wins the lottery and receives $100 the first year. In the following years, she receives $50
more each year. (That is, Janet receives $150 the second year, $200 the third year, and so
on.) How much will Janet receive, in total, after 10 years?
100 + 150 + 200 + 250 + 300 + 350 + 400 + 450 + 500 + 550 = ?
Add them up.
3250
To find out how much Janet will receive in total after 10 years, we need to add up the amounts she receives each year.
Starting with the first year, Janet receives $100. In the second year, she receives $150 because the amount increases by $50 each year. In the third year, she receives $200, and so on.
To calculate the total, we can add up all the individual amounts she receives:
100 + 150 + 200 + 250 + 300 + 350 + 400 + 450 + 500 + 550
If we simplify the equation, we get:
1000
Therefore, Janet will receive a total of $1000 after 10 years.