Question

A lottery winner must decide between two methods of payment. Choice one is to receive a lump sum of $100,000,000. Choice two is to begin with one cent on day 1, five cents on day 2, 25 cents on day three, and so on until the end of 16 days. Which choice should the lottery winner select, how do you solve these??? Can someone please break it down and explain??? pleasee

Answer 1

.01+.05 + .25

if it is geomtric series whichh i suspect from your other qs then

.01*r^2=.25 SFR
r=5

So

.01*(5)^16=1525878906.00

Answer 2

100,000,000-1525878906

100000000
1525878906 is clearly more :D

Answer 3

choice 2, this is a classic math problem
king gives this servant this choice for saving his daughter (I think), servant picks choice 2 and king goes broke

Answer 4

$1425878906 more :D

Answer 5

okay thank you again! your theee best!!(:

Answer 6

aww *blush* are not :)

Answer 7

go with timo86m solution, it is more mathematical, mine is just historical or urban legend like

Answer 8

haha yesss huh!!

Answer 9

there is another story of the inventor of chess.

the king liked it so much he said what do you want for it.

he said one grain of wheat for square 1 then 2 for square 2 and 4 for square 3 and keep doubling it :) each square

I think the king accepted and went broke.

Answer 10

I think it is the same story.........

Answer 11

see I bet that asker learned more about this problem than they thought they would get

Answer 12

A ball is dropped from the top of a 1,000 foot building. The height of the ball is half its original height after each bounce. What will the height of the ball be after 10 bounces? how would I SOLVE this

Answer 13

1000*.5^10 I think

not sure tho

Answer 14

1000/2^10

Answer 15

geometric sequence by after 10 bounces, I think you power should be 11 -that accounts for the 10 bounce to be completed

Answer 16

nah i sure it is 10

Answer 17

1000/2^1= 500
1000/2^2=250
3
4
5
6
7
8
9
1000/2^10 = 125/128

Answer 18

0 counts as your 11th term right?

Answer 19

I just remember these word problems were always the power +1, I always had to draw them out

Answer 20

it is confusing after jsut doing geometric series problems lol.

But ^0 also counts

so it is ^10

not ^11 right?

but idk you the one with higher smart score tho :)

Answer 21

yes but I haven't done these problems in a while, I tended to skip them because I always forgot if it is 10 or 11 power, hope their teacher believes in partial credit

Answer 22

lol if it is an online class no such luck :P

Oh and I haven't done them in a while either :P

BUt drawing it out helps

Answer 23

see another reason a real live teacher is better, you can negotiate with a human and not a machine

Answer 24

Threaten the machine with a virus or and EMP :P lol

Answer 25

yes of course