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

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.

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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