Consider the problem described below. If y is the amount of money in the purse and x is the number of days, write an equation for Purse B.

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Consider the problem described below. If y is the amount of money in the purse and x is the number of days, write an equation for Purse B.

You are walking along a beach and your toe hits something hard. You reach down, grab onto a handle, and pull out a lamp! It is
sandy. You start to brush it off with your towel. Poof! A genie appears. He tells you, "Thank you for freeing me from that bottle! I
was getting claustrophobic. You can choose one of these purses as a reward. Regardless which purse you choose, you will only
be able to take it after 3 weeks."
Purse A which contains $1,000 today. If you leave it alone, it will contain $1,500 tomorrow (by magic). The next day, it will have
$2,000. This pattern of $500 additional dollars per day will continue for 3 weeks.
Purse B which contains 1 dime today. Leave that dime in there, because tomorrow it will (magically) turn into 2 dimes. The next
day, there will be 4 dimes. The amount in the purse will continue to double each day for 3 weeks.
O $11,500,000
O $11,500
O $125,00
O $213,456
Transcribed Image Text:You are walking along a beach and your toe hits something hard. You reach down, grab onto a handle, and pull out a lamp! It is sandy. You start to brush it off with your towel. Poof! A genie appears. He tells you, "Thank you for freeing me from that bottle! I was getting claustrophobic. You can choose one of these purses as a reward. Regardless which purse you choose, you will only be able to take it after 3 weeks." Purse A which contains $1,000 today. If you leave it alone, it will contain $1,500 tomorrow (by magic). The next day, it will have $2,000. This pattern of $500 additional dollars per day will continue for 3 weeks. Purse B which contains 1 dime today. Leave that dime in there, because tomorrow it will (magically) turn into 2 dimes. The next day, there will be 4 dimes. The amount in the purse will continue to double each day for 3 weeks. O $11,500,000 O $11,500 O $125,00 O $213,456
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