Your boss gives you $1 and wants to know how many bananas you can afford. the only banana dealer in town sells bananas at a starting price of $1, but for each subsequent banana he adds 1% to the price of the previous banana you purchased. so, if the first banana is $1 then the next one will be $1.01, the one after that will be 1.0201 and so on. is there any type of formula or equation for this?