Madyson borrows \( \$ 1,200 \) from her father to purchase airplane tickets. The first week after borrowing the money, Madyson repays her father \( \$ 50 \). Each week after that, she is able to repay her father \( \$ 2 \) more than the previous week, except in the last week, when she finishes repaying the loan. How much is Madyson's final payment? \( \$ 78 \) \( \$ 82 \) \( \$ 84 \) \( \$ 88 \)
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Let's break down Madyson's repayment schedule systematically. She starts by repaying her father \$50 in the first week. Each subsequent week, she pays \$2 more than the previous week. So, her payments for the first few weeks will be: - Week 1: \$50 - Week 2: \$52 - Week 3: \$54 - Week 4: \$56 - Week 5: \$58 - Week 6: \$60 - Week 7: \$62 - Week 8: \$64 - Week 9: \$66 - Week 10: \$68 - Week 11: \$70 - Week 12: \$72 - Week 13: \$74 - Week 14: \$76 - Week 15: \$78 - Week 16: \$80 - Week 17: \$82 - Week 18: \$84 - Week 19: \$86 - Week 20: \$88 Now, we need to find the week when the total of these payments equals \$1,200. Adding them week by week until we reach \$1,200 reveals that the last payment in the series is \$88, which closes out her balance with a total of \$1,200. Thus, Madyson's final payment is \$88.