document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=860973>Question 860973</A>: <I><SPAN STYLE=\"word-break: break-all;\"> In a financial deal, you are promised $900 the first day and each day after that you will receive 55% of the previous day's amount.  When one day's amount drops below $1, you stop getting paid from that day on.  What day is the first day you would receive no payment and what is your total income? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #518763 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=518763\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> In a financial deal, you are promised $900 the first day and each day after that you will receive 55% of the previous day's amount. When one day's amount drops below $1, you stop getting paid from that day on. What day is the first day you would receive no payment and what is your total income?<BR>\n" );
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document.write( "1st day:: 900<BR>\n" );
document.write( "2nd day:: 900*0.55<BR>\n" );
document.write( "3rd day:: 900*0.55^2<BR>\n" );
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document.write( "nth day:: 900*0.55^(n-1)<BR>\n" );
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document.write( "Solve 900*0.55^(n-1) < 1 for \"n\".<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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