Math Problem Statement

Performance Task 13 Donation for a Cause

  1. You are running a foundation for street children. Mr. Felipe Cortejos, a rich benefactor, offers two options for his donations: Option A: To give Php 1 000 on day 1, Php 999 on day 2, Php 998 on day 3, with the process to end after 1 000 days. Option B: To give Php 1 on day 1, Php 2 on day 2, Php 4 on day 3, for 1 000 days. You have to tell him today which option you want to take. Which of the two options results in more money for the foundation? Show your computations. Use An = A1 + (n-1)d on both options

Solution

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Math Problem Analysis

Mathematical Concepts

Arithmetic Sequence
Geometric Sequence
Series Summation

Formulas

Sum of an arithmetic sequence: Sn = n/2 * (2A1 + (n-1)d)
Sum of a geometric sequence: Sn = A1 * (r^n - 1) / (r - 1)

Theorems

Arithmetic Series Theorem
Geometric Series Theorem

Suitable Grade Level

Grades 10-12