Concept explainers
To find: How much would the second option be worth.
Answer to Problem 63SR
The worth of second option is
Explanation of Solution
Given information:
The king gave the boy a choice.
He could have
With One penny on the first day, two pennies on the second day, and so on, receiving twice as many pennies each day as the previous day.
Given
With One penny on the first day, two pennies on the second day, and so on, receiving twice as many pennies each day as the previous day.
It means it follows a geometric progression.
We know
Sum of
Here
On substituting values
We get
Therefore,
The worth of second option is
We know
Using that
We get
The worth of second option is
Chapter 12 Solutions
Glencoe Algebra 2 Student Edition C2014
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