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

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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) About Me  (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
%281%2F2%29%5E%287n%29
the above value is multiplied by the original amt x
%281%2F2%29%5E%287n%29 * x; (the C answer)