Joan took out a mortgage from hel local bank. Each monthly mortgage payment she makes must be triple the amount of the previous month's payment. If her first payment is $100, and the total amount she must pay back is $109300, how many months will it take Joan to pay back her mortgage? Choose the correct choice: A) 7 B) 8 C) 10 D) 11 E) 13

Rationale: "joan starts off with 100 $ . . which is to be tripled every month her monthly payments look like this : 100 , 300 , 900 , 2700 . . . . . . . . . upto 109300 this can be re written as : 100 x 1 , 100 x 3 , 100 x 9 , 100 x 27 . . . . . . 100 x 1093 so we have 1 , 3 , 9 , 27 . . . . . 109300 in gp we know that a = 1 , and r = 3 ( its easy to figure it out by looking at the question , but regardless of it being mentioned in the question we can still compute the value of r using the formula tn = a 3 ^ n - 1 . . . ) therefore to find the sum of n terms of a gp we use this formula : sn = a ( 1 - r ^ n ) / 1 - r using this and plugging in the information we get . . . 1093 = 1 - 3 ^ n / 1 - 3 ; 1 - 3 ^ n / - 2 cross multiplying we get 1093 x - 2 = 1 - 3 ^ n - 2186 = 1 - 3 ^ n - 2187 = - 3 ^ n 2187 = 3 ^ n ( negatives cancel out ) 2187 can also be re written as 3 ^ 7 therefore ; 3 ^ 7 = 3 ^ n thus n = 7 ( a )"
Answer: A