Mathematics Fantasy: Choose Your Payment Option Wisely
In a Mathematics class, a businesswoman offers you a job for 30 days with two payment options: one where your salary doubles each day starting from one cent, and another where you receive a fixed sum of 1,000,000 units. The dilemma arises - which option should you choose, and why? Explore the math behind these choices to make an informed decision.
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Presentation Transcript
A Mathematics Fantasy You re sitting in Maths class, when a local businesswoman walks in. She wants to offer you a job. She is a bit sketchy about the details but she will need your services for 30 days and you won t be able to attend school. She gives you your choice of two payment options
Payment Option One: One cent on the first day, two cents on the second day and double your salary every day thereafter for the thirty days
Payment Option Two: Exactly 1,000,000
Which Option will you Choose and Why?
PDST Manual Page 304 http://www.pdst.ie/sites/default/files/FINAL_MeasuresManual24thApril_ToPrinter.pdf