Provide the formula for the amount of money after d days


Problem

A queen gives a dragon-slaying hero a choice between two prizes. The first provides $100,000 a day for d days; the second provides an amount of money that doubles in size each day for d days starting from a penny (so one penny the first day, two pennies the second, four pennies the next, etc.).

a. Provide the formula for the amount of money after d days provided by each prize.

b. Graph your results for values of d ranging from 0 to 31 days.

c. Using your graph, advise the hero on which prize he should choose depending on the number of days d involved in the queen's offer.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Provide the formula for the amount of money after d days
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