Step-by-step explanation:
Number of pennies received in the month of December are given as:
1, 2, 4, 8, 16,........
which is in Geometric Progression.
here, first term a = 1
[tex]common \: ratio \: r = \frac{2}{1} = 2 \\ \\ \because \: S_n = \frac{a( {r}^{n} - 1)}{r-1} \\\\
\therefore \: S_{31}= \frac{1\times ( {2}^{31} - 1)}{2-1} \\\\
\therefore \: S_{31}= \frac{ (2147483648 - 1)}{1} \\\\
\therefore \: S_{31}= \frac{ 2147483647}{1} \\\\
\therefore \: S_{31}=2147483647[/tex]
So, on 31st of December he will have 2147483647 pennies.