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Solution: What is the minimum number of baskets to be converted?

What is the minimum number of baskets to be converted?

Problem Statement:

If the PBA three-point shootout-contest, the committee decided to give a prize in the following manner. A price of P1 for the first basket made, P2 for the second, P4 for the third, P8 for the fourth and so on. If the contestant wants to win a prize of no less than a million pesos, what is the minimum number of baskets to be converted?

Problem Answer:

The minimum number of baskets to be converted is 20.

Solution:

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