Mr.Jasper asked his neighbor mark to feed his cat each day while he went on a 2 day vacation suppose mr jasper offered mark two payment options the first option would pay mark $5 per day up front the second option would pay 0.01 the first day then double the pay each day for two weeks which option should mark choose
Question
Answer:
Okie doke. So, as we know (or should know), there are 7 days in a week, so that's 14 days in two weeks. The $5 a day for two weeks would mean that Mark would be paid $70 total for two weeks. On the other hand, if he were to take the 1 cent option and have the amount double up for 14 days, then Mark would make $81.92 in two weeks, which is $11.92 than the $5 a day option. So Mark should choose the second choice, which is the 0.01 the first day, then doubleup each day, because Mark will make more if he does.
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10 months ago
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