A community for students.
Here's the question you clicked on:
 0 viewing
anonymous
 5 years ago
I m having a hard time with this question. I cant figure out what the function would be for Plan A or Plan B
You get hired for a new job that will only last for one month (31 days, you work 7 days a week) and you are offered the two following payment plans to choose from:
• Plan A: $4,000 per day for the whole month with a $10,000 signing bonus.
• Plan B: $0.01 for day 1
$0.02 for day 2
$0.04 for day 3
$0.08 for day 4
$0.16 for day 5
….and so on
every day is double the previous days salary, with no signing bonus.
Create two functions that model each of these payment plans, wher
anonymous
 5 years ago
I m having a hard time with this question. I cant figure out what the function would be for Plan A or Plan B You get hired for a new job that will only last for one month (31 days, you work 7 days a week) and you are offered the two following payment plans to choose from: • Plan A: $4,000 per day for the whole month with a $10,000 signing bonus. • Plan B: $0.01 for day 1 $0.02 for day 2 $0.04 for day 3 $0.08 for day 4 $0.16 for day 5 ….and so on every day is double the previous days salary, with no signing bonus. Create two functions that model each of these payment plans, wher

This Question is Closed

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0Okay, let's work on Plan A

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0notice that 4000 happen every day whereas 10,000 happen only once

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0so let's denote x for a day

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0Do you understand how I got that before we move on to Plan B

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0Okay, let's move on to Plan B

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0The first day you make .01

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0second day you make .01*(2)=.02 third day you make .01*(2)*(2)=.04

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0So notice for each day we are multiplying by 2

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0yes it doubles each day

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0second day you make .01*(2)=.02 third day you make .01*(2)*(2)= .01*(2)^2=.04 fourth day you make .01(2)*2*2=.01*(2)^3=.08

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0Okay , so you need to add what you make each day for whole month(31 days)

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0.01(2)^0+.01(2)^1+.01(2)^2+........+.01(2)^30 First day second third 31st day

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0You can add up all the term by hand, but it is very tedious. We can instead use a formula called Sum of Geometric Series Our terms .01(2^0+2^1+......+2^30) r2 n30 Geometric Series Sum= \[[1r^{n+1}]\over(1r)\]

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0ok, it is a long process by hand

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0that's why we use geometric series

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0ok which numbers do I enter in

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0.01 * (1(2)^31)/(12)

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0that seems to be quit complicated

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0I think I figured out how much the salary would be be in 31 days, $21474836

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0you are missing two digit at the end 2147483647

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0* sorry, you are right, can't see the period

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0ok what is the function for plan B and here is more information for this question (Plan A’s function, , will represent what you earn total over the whole 31 days, Plan B’s function, , will represent what you earn each individual day.)

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0Plan B function for each individual day =nth day= .01*(2)^(n1)

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0Plan A's function A(t) and PLan B's function B(t),

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0ok so my question is how would i figure out the salary using that equation for plan B
Ask your own question
Sign UpFind more explanations on OpenStudy
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.