What is a logarithm? if your employer asked you to select one of these options: option 1: your salary for the next two months will be $5,000. option 2: 1 penny for the first day; then, he will double your salary every day for the next two months. which would you pick and how much will your salary be at the end of the first month?

Question

Mathematics

Jeter

3 April, 08:06

What is a logarithm? if your employer asked you to select one of these options: option 1: your salary for the next two months will be $5,000. option 2: 1 penny for the first day; then, he will double your salary every day for the next two months. which would you pick and how much will your salary be at the end of the first month?

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Answers (1)

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Eliezer Bradford · Answer 1

Take option 2.

Let n=2^30

Then:

ln n=ln 2^30=30 ln 2

ln n=20.8

n=e^20.8, or 1,073,741,824

1073741824 x. 01=$10,737,418.24 due in salary at the end of the first month!