Question

You begin with $100.00 at the beginning of the month. This amount is cut in half each day. How much will you have on day 7? Begin by writing the rule for the sequence.

Answer 1

Day 1 - 100
Day 2 - 50
Day 3 - 25
Day 4 - 15
Day 5 - 10
Day 6 - 5
Day 7 - 2.5