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Mathematics, 16.03.2020 20:30 daniella0123

Suppose that you won the top prize from a game show and are given two options. The first option is a cash gift of $10,000 and $1,000 per day for the next 7 days. The second option is a cash gift of 1 cent (or $0.01) that grows tenfold each day for 7 days. Which option would you choose?

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Suppose that you won the top prize from a game show and are given two options. The first option is a...

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