Peter and Larry were both hired by MegaCorp to work on a 30-day project. 1. Peter negotiated his payment for this project to be $10,000 per day for a total
of $300,000 for the entire project.
2. Larry negotiated his payment as well. He agreed to be paid $0.01 on day 1 of the
project, and his pay will increase by a factor of 2 for each day of the project. What
will he be paid on day 30 of the project? Use the following formula to help you find
the answer.
Larry tells Peter he will earn more money after 30 Days.
Using the formula, find the value of what Larry will earn on Day 30? Explain how you
made your decision.
an= axm-1
You may choose to answer as a short answer or audio submission.