Question

A math student takes a summer job for one month. She is offered a salary of $11/hour for 4 35-hour weeks. She suggests to her employer that she will instead work for a salary as follows: 1 penny the 1st day, double that the 2nd day, double the 2nd day’s salary the 3rd day, etc. until the end of the 4 weeks. Her employer enthusiastically agrees, thinking he’s so smart to get such a bargain. How much does her employer have to pay her at the end of one month?

Answer 1

Answer: $10,737,418.24‬

assuming the 4 weeks means 30 days and not 28 but if it is 28 days it will be $2,684,354.56

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