The amount of money collected after 5 days is $181,500
The number of people that collaborated during the first 5
days is 363 people
To solve this problem, we would use the Geometric Progression with the formula:
[tex]\frac{a(r^n -1)}{r-1} \\[/tex]
Where:
r= 3
a= 3
n= 5
[tex]\frac{3(3^5 - 1)}{3-1} \\[/tex]
= [tex]\frac{3(243 -1)}{2}[/tex]
121 * 3 = 363 people.
Therefore, the amount contributed is $500 * 363= $181,500
Read more about geometric progression here:
https://brainly.com/question/12006112
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