Today is Tony's 10th birthday. His parents have decided to start giving him a monthly allowance, but they suggest a different plan.

Tony's mother wants to give him $0.01 each month this year, $0.10 each month next year, $1.00 each month the third year, and so on multiplying the monthly amount by 10 each year until Tony's 16th birthday.

Tony's father wants to give him $10.00 each month this year, $20.00 each month next year, $30.00 each month the third year and so on, adding $10.00 to his monthly allowance each year until his 16th birthday.

Which deal is better his mom or his dad and why is it the best one?

Question

Spencer Conrad

28 September, 21:24

+3

Answers (1)

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Caitlin Craig · Answer 1

The dad's deal is better because Tony will be getting more money each year