Cynthia LaniusA Mathematics Fantasy -
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Imagine the pay isn't doubled, but it's 1 and 1/2 times each previous day's pay (1.5 times). Or maybe it's 1 and 1/3 times (1.333... times). Now here's the question. At what rate should you say, no, I'll take the million. In other words, at what rate would the 30 days Total Pay be less than $1 million? Try to convince your parents to give you an allowance with the "Doubling Pennies" plan.
| Exponential Growth | Patterns Galore | Exponentials on the Web | Questions | Teachers'Notes| URL http://math.rice.edu/~lanius/pro/richque.html |