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seth3336
seth3336
14.02.2021 • 
Mathematics

The situation: you are offered a 30-day trial period at your dream job. however, the owner of the company is a little unusual so the pay options are non traditiona. they offer you three different pay options for the 30 days. Option 1: $60,000 a day

Option 2: you make one penny the first day, two pennies the second day, four pennies the third day, eight pennies the fourth day, etc.

Option 3: on your first day of work, you get $1. On your second day of work, you get $4. On your third day of work, you get $9. On your fourth day of work, you get $16. It continues this way for 30 days and then once you’ve completed the 30 days you receive a completion bonus of $500,000

1) decide which payment option you would like to take (which earns you the most money?).

2) your unusual boss decided to offer you a fourth option to even complicate your decision. Your payment would be described by the function P(x) = 95,000x + 200,000 with x representing days you work and P representing dollars you earn. Explain the meaning of the function based on this situation and then decide if you would take this option over the three choices.

3) you decide to work until you make $1.5 million in the shortest amount of time. Using four different plans you have been offered which option would you now chose? How does this affect the option you have chosen? Do you want to change your choice?

PLEASE HEL IM LOSTT

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