Logic, Reasoning and Puzzles Assignment
Solving a Payment Puzzle
A wealthy and generous owner of an Internet company offers two
options of payment to her new vice president.
Option 1: a monthly salary
of $50000 per month paid
at the beginning of each
month
Name: Yaseen
Option 2: a monthly salary
based on 1¢ the first day,
2¢ the second day, 4c the
third day, 8¢ the fourth day,
and so on. The monthly salary
will be the amount calculated
for the last day of the month.
Assume there are 30 days in the month.
A. How can you calculate the vice president's earnings under
Option 2?
B. Compare the monthly earnings for the two options.
1.9
C. Which payment option would you take if you were the vice
president? Why?