SOLUTION: On Monday, Jim had x dollars. On each subsequent day, he has half the money compared to the previous day, How many dollars does Jim have n weeks after Monday? A. (1/2) ^n x

Question 550729: On Monday, Jim had x dollars. On each subsequent day, he has half the money compared to the previous day, How many dollars does Jim have n weeks after Monday?
A. (1/2) ^n x
B. (1/2)^n (7x)
C. (1/2)^7n x
D. (1/2)^x n
E. (1/2)^7x n
Please explain step by step thanks.
Answer by ankor@dixie-net.com(22740) (Show Source): You can put this solution on YOUR website!
On Monday, Jim had x dollars.
On each subsequent day, he has half the money compared to the previous day,
How many dollars does Jim have n weeks after Monday?
:
x amt is halved every day therefore the number of halving operations = 7n

the above value is multiplied by the original amt x
* x; (the C answer)
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