SOLUTION: Suppose you go to a company that pays 0.01 for the first day, 0.02 for the second day, 0.04 for the third day and so on. If the daily wage keeps doubling, what will your total inco

Question 978955: Suppose you go to a company that pays 0.01 for the first day, 0.02 for the second day, 0.04 for the third day and so on. If the daily wage keeps doubling, what will your total income be for working 29 days ?
Total Income
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
Suppose you go to a company that pays 0.01 for the first day, 0.02 for the second day, 0.04 for the third day and so on. If the daily wage keeps doubling, what will your total income be for working 29 days ?
---------
--> 0.01*(2^29 - 1)
= 5368709.11

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