An enterprising young engineer enters an interesting salary agreement with an employer. The company offers her two cho
Posted: Fri Jul 08, 2022 6:23 am
An enterprising young engineer enters an interesting salary agreement with an employer. The company offers her two choices: i. $2M/month ii. a penny the first day and then each day doubling the amount of the previous dayShe is supposed to work in that company for one month. Which option should she choose? Justify your answer by calculating her earnings for that month. Show your work and include a spreadsheet showing her daily and cumulative income for the month ofJuly.