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2. An enterprising young engineer enters an interesting salary agreement with an employer. The company offers her two ch

Posted: Sun Jul 10, 2022 11:35 am
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2 An Enterprising Young Engineer Enters An Interesting Salary Agreement With An Employer The Company Offers Her Two Ch 1
2 An Enterprising Young Engineer Enters An Interesting Salary Agreement With An Employer The Company Offers Her Two Ch 1 (82.13 KiB) Viewed 48 times
2. 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 day She 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 of July.