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Suppose you are offered a job that lasts one month, and you are to be very well paid. Which of the following methods of payment
Suppose you are offered a job that lasts one month, and you are to be very well paid. Which of the following methods of payment is more profitable for you? (a) One million dollars at the end of the month
(b) Two cents on the first day of the month, 4 cents on the second day, 8 cents on the third day, and, in general, 2^n cents on the nth day?
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