Suppose You Go to Work at a Company That Pays

Multiple Choice

Suppose you go to work at a company that pays $0.08 for the first day, $0.16 for the second day, $0.32 for the third day, and so on. If the daily wage keeps doubling, what would your total income be for working 29 days? Round your answer to two decimal places.

A) $21,474,836.48
B) $10,737,418.24
C) $42,949,672.88
D) $171,798,691.52
E) $85,899,345.76