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A certain library assesses fines for overdue books as follow

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Re: A certain library assesses fines for overdue books as follow  [#permalink]

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New post 07 Aug 2019, 09:11
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sandranjeim wrote:
A certain library assesses fines for overdue books as follows. On the first day that a book is overdue, the total fine is $0.10. For each additional day that the book is overdue, the total fine is either increased by $0.30 or doubled, whichever results in the lesser amount. What is the total for a book on the fourth day it is overdue?

A. $0.60
B. $0.70
C. $0.80
D. $0.90
E. $1.00


1st day - $0.10

2nd day - $0.20 or $0.40 (double or add $0.30)
$0.20 is the lesser amount

3rd day - $0.40 or $0.50 (double or add $0.30)
$0.40 is the lesser amount

4th day - $0.80 or $0.70 (double or add $0.30)
$0.70 is the lesser amount

The correct answer is B

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Brent
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Re: A library assesses fines for overdue books as follows. 1st  [#permalink]

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New post 09 Oct 2019, 01:09
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Re: A library assesses fines for overdue books as follows. 1st   [#permalink] 09 Oct 2019, 01:09

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