used to introduce the power of geometric growth Here is one

Last updated: 3/26/2023

used to introduce the power of geometric growth Here is one version Suppose you are hired for a one month 30 days working every day job and are given two options to be paid Option 1 Option 2 a You can be paid 500 per day or C You can be paid 1 cent the first day 2 cents the second day 4 cents the third day 8 cents the fourth day and so on doubling the amount you are paid each day How much will you be paid for the job in total under Option 1 b Complete Table 8 2 3 to determine the pay you will receive under Option 2 for the first 10 days Table 8 2 3 Option 2 payments Day Pay on this day Total amount paid to 1 0 01 0 01 2 0 02 0 03 3 4 5 6 7 8 9 10 Find a formula for the amount paid on day n as well as for the total amount paid by day n Use this