SOLUTION: Your grandmother offers to give you, for the whole year, � Deal A: 5 cents each day, or � Deal B: 0 cents on day 0, 1 cent on day 1, 2 cents on day 2, 3 cents on day 3, and so f

Question 951566: Your grandmother offers to give you, for the whole year,
� Deal A: 5 cents each day, or
� Deal B: 0 cents on day 0, 1 cent on day 1, 2 cents on day 2, 3 cents on
day 3, and so forth.
Which deal would you accept, Deal A or Deal B? Show that the deal you chose
is better than the other deal.
I know the equation for Deal A is f(x)= .05x
but having a hard time with the non-linear Deal B...Thoughts?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
I'll say there are days / year
Deal A: dollars / year
------------------------------------
Deal B:
You have:
. . . etc.
There's a formula for this sequence:
gives you 1 + 2 + 3 + 4 + . . . n
So, I'll say and multiply the result by

------------------------
Deal B is better by
Hope I got it

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