Question

For the month of April which option would be better? 1. To be gifted $1,000,000 once only on April 1st. OR 2. To receive a penny on April 1st and then double that amount on April second and then each day of the month after that you receive double the amount you got the day before? For this option show how much you get each day of the month and then how much it adds up to for the whole month. a.) Would there be a way to get the total without adding each amount for the 30 days? Please describe with detail. b.) Which tools, diagrams, or methods best helped you figure this out? Be honest.c) On your first instinct, before figuring this out, which option did you expect to be the best?

Answer 1

Answer:

a.) April has 30 days

If you for option No.2, you would have:

[day, amount($)]

1, 0.01

2, 0.02

3, 0.04

4, 0.08

5, 0.16

6, 0.32

7, 0.64

8, 1.28

9, 2.56

10, 5.12

11, 10.24

12, 20.48

13, 40.96

14, 81.82

15. 163.48

16, 327.68

17, 655.36

18, 1310.72

19, 2621.44

20, 5242.88

21, 10,485.76

22, 20,971.52

23, 41,943.04

24, 83,886.08

25, 167,772.16

26, 335,544.32

27, 671,088.64

28, 1,342,177.28

29, 2,684,354.56

30, 5,368,709.12

Option 2 grants you more than 5 times as much as Option A and is therefore obviously better.

b.) A diagram would show first a slow rise, than a steeper and steeper rise, then would almost growvertically. exponential growth

#coronatime

The most elegant form to describe the given numbers would simply be

$=1*2^x

You start with one, eich doubles after a day (x=1). x is the number of days and how often you multiply by 2

c.) Wasn't sure without calculating, but I guessed Opt.2, because it seemed that one should be tricked into choosing Opt.1

Have a nice day

Brainliest would be appreciated

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