Question

A genie pops out of a lamp and presents you with the following choice: - Receive $50,000 now or For the next month, start with 2 pennies on Day 1 and then receive 2 more pennies on Day 2, 4 more pennies on Day 3, 8 more pennies on Day 4, etc.
Write a function for each situation to determine the best financial decision.

Answer 1

Answer:

y = .01x * 2^x

y = 50000x

Hope that this helps!