Alex, Bob and Cathy Used the Lone-Chooser Method to Divide

question 26

Essay

Alex, Bob and Cathy used the Lone-Chooser Method to divide up a cake. Alex and Bob are the Dividers for this method, and each of them cuts their portions into thirds allowing Cathy to make her selections. Based off of this chart, who (Alex or Bob) acted as the original Divider when performing the Divider-Chooser Method between the two players. Explain how you know this.

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Definitions:

Yearly Payments

Recurrent payments made over the span of a year, often associated with loans, leases, or annuities.

Future Value

The estimated amount of money an investment is expected to be worth in the future, taking into account a specific rate of growth or interest.

Discount Rate

A rate of interest used in discounted cash flow analysis for the purpose of determining the present value of incoming future cash streams.

Retirement Account

A financial account specifically designed for saving toward retirement, offering various tax advantages.