Consider the problem described below. After 3 weeks ( 21 days), how much money is there in Purse B? You are walking along a beach and your toe hits something hard. You reach down, grab onto a handle, and pull out a lamp! It issandy. You start to brush it off with your towel. Poof! A genie appears. He tells you, "Thank you for freeing me from that bottle! Iwas getting claustrophobic. You can choose one of these purses as a reward. Regardless which purse you choose, you will onlybe able to take it after 3 weeks."Purse A which contains $1,000 today. If you leave it alone, it will contain $1,500 tomorrow (by magic). The next day, it will have$2,000. This pattern of $500 additional dollars per day will continue for 3 weeks.Purse B which contains 1 dime today. Leave that dime in there, because tomorrow it will (magically) turn into 2 dimes. The nextday, there will be 4 dimes. The amount in the purse will continue to double each day for 3 weeks.O $11,500,000O $11,500O $125,00O $213,456

Name: Consider the problem described below. After 3 weeks ( 21 days), how mu
Uploaded: 2024-03-05T11:52:21.000Z
Channel: Bartleby
Description: Consider the problem described below. After 3 weeks ( 21 days), how much money is there in Purse B? You are walking along a beach and your toe hits something hard. You reach down, grab onto a handle, and pull out a lamp! It issandy. You start to brus