If a contract has a penalty charge for delay of completion beyond a certain date as follows: £200 for the first day, £250 for the…

If a contract has a penalty charge for delay of completion

beyond a certain date as follows:

£200 for the first day, £250 for the second day, £300 for

the third day etc. (i.e. an arithmetic series)

Write an expression for the penalty charge on

the nth day of non completionWrite an expression for the total penalty charge

after n days of non completion.If the project is late by 30days what is the

total penalty charge?

If instead the penalty charges follow a geometric

progression where the charges on the 10th and 11th days

were £300 and £360 respectively.

Write an expression for the penalty charge on

the nth dayWhat would be the total penalty charge after 30

days of non completion?

The post Write an expression for the penalty charge on the nth day of non completion

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