Given the choice between receiving $1.000.000 in one month or a single penny-doubled everyday for the period of one month; which

Question

Crazy boy [7]

2 years ago

7

Given the choice between receiving $1.000.000 in one month or a single penny-doubled everyday for the period of one month; which

option would you choice? Show your work to support your answer. (Assume that 1 month=30 days)

Mathematics

1 answer:

Margarita [4] · Answer 1 · 2022-05-09T04:47:57+03:00

Margarita [4]2 years ago

3 0

Answer:

I'm just gonna tell you the answer and you'll have to show the work on your own. A penny doubled everyday for a month equals a little over $5 million dollars. So you would want to go with the second option.

Step-by-step explanation: