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Mathematics, 09.07.2019 14:00 scarletmartinez

Scenario: imagine that you receive an email saying that you've won a money prize. you can earn $3,000,000 upfront today, or you can earn an annuity that pays out over the next 90 days. if you choose the annuity, you will receive a penny on the first day, and then double that amount the next day, and double that amount the following day, and do forth. what should i put in the table for option 1 (with the 3 million dollars)? this is called geometric sequences by the way! i appreciate your .

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Scenario: imagine that you receive an email saying that you've won a money prize. you can earn $3,0...

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