Posted by **Tiffany** on Wednesday, May 30, 2012 at 4:14pm.

Imagine that I am hiring you to work for me for the next month (30 days). Would you rather have $10,000 in a single payment on the 30th day? Or would you rather be paid by the following schedule: on the first day, $0.01; on the second day, $0.02; on the third day, $0.04; on the fourth day, $0.08; and so on, doubling your daily salary each day for the whole month?

## Answer this Question

## Related Questions

- Math word problem - Which would you rather be paid for 12 days - $100 per day ...
- Math - The Robinsons decide they would rather purchase the $85,000 home. Their ...
- Delay of Gratification - Which of the following illustrates the concept of delay...
- math - A vampire could have the ability to infect an entire planet if he bit 2 ...
- math - Steri-strips cost $4.95 per box, there are 100 per box. If an orthopedic ...
- math - if i where to pay you a penny a day n the second day i would double it n...
- Math - How can I figure the number of days from one date to another? Example: ...
- math - You offer to do the dishes for your family for the next month.This month ...
- Accounting ASAP - Forcasting Payments If firm pays it's bill with 30 day delay, ...
- Writing 125 - How would you draft a letter that allows your irritation to work ...

More Related Questions