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Your rich uncle is giving you $100,000 on the condition that you will spend exactly half of the remaining amount each day (or as close to half as possible). Use the equation y = 100,000(0.5)^x to find out how much you will spend on day 8. Round to the nearest cent.
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X = 8. Substitute and evaluate. I would use a calculator to do it though.
100000*(1-0.5^8)/0.5
that's 100,000 / 2^8 , i believe which is 100,000/256 , which equals 390.625 , which is 390 $ and 6 cents
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