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(III) I agree to hire you for 30 days. You can decide
Chapter 1, Problem 33P(choose chapter or problem)
Problem 33P
(III) I agree to hire you for 30 days. You can decide between two methods of payment: either (1) $1000 a day, or (2) one penny on the first day, two pennies on the second day and continue to double your daily pay each day up to day 30. Use quick estimation to make your decision, and justify it.
Questions & Answers
QUESTION:
Problem 33P
(III) I agree to hire you for 30 days. You can decide between two methods of payment: either (1) $1000 a day, or (2) one penny on the first day, two pennies on the second day and continue to double your daily pay each day up to day 30. Use quick estimation to make your decision, and justify it.
ANSWER:
Step 1 of 3
Two payment methods:
1.$1000/ day for 30 days
2.1 penny per day and doubling every day for 30 days.