Question

Today is your lucky day! You have just won a contest, and they can pay you your prize in two different ways.

Option one is to pay you $10,000 every 10 days, for 30 days.

Option two is a prize of a penny that doubles every day, for 30 days.

Which option would you choose?

Answer 1

im sorry but this is on my math assiment I dont have 10,000 dollars 0-0

Answer 2

i would take the penny option

Answer 3

\(\color{#0cbb34}{\text{Originally Posted by}}\) @linahere
pay me $10,000 every 10 days, for 30 days
\(\color{#0cbb34}{\text{End of Quote}}\)
you will have $30,000 at the end of the 30 days since u picked that but.. if u picked the second 1, on day 30 you will receive $10,737,418.24

Answer 4

\(\color{#0cbb34}{\text{Originally Posted by}}\) @Hoodmemes
i would take the penny option
\(\color{#0cbb34}{\text{End of Quote}}\)

Answer 5

\(\color{#0cbb34}{\text{Originally Posted by}}\) @Hoodmemes
\(\color{#0cbb34}{\text{Originally Posted by}}\) @Hoodmemes
i would take the penny option
\(\color{#0cbb34}{\text{End of Quote}}\)
\(\color{#0cbb34}{\text{End of Quote}}\)
yea that's the best option

Answer 6

\(\color{#b3ff1a}{\text{Originally Posted by}}\) @carmelle
you will have $30,000 at the end of the 30 days since u picked that but.. if u picked the second 1, on day 30 you will receive $10,737,418.24
\(\color{#b3ff1a}{\text{End of Quote}}\)
Incorrect. You'd have $5,368,709.12 at the end of 30 days.

Answer 7

(: