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.
solved
general 10 months ago 5680