Maths For Fun, Mathematics

Ask Suppose I offer you a loan to start a safety matchstick production unit on the following terms:

I shall first advance you Rs.50,000/- to set up your unit, and wait for 3 months so that you can buy the equipment and start production. (Assume that Rs.50,000/- is enough for this.)
After the three months are over and you have started production, I shall give you Rs.50,000/- every day, for 60 days.
In return, I ask you for very little. You shall give me one matchstick on the first day, double that (i.e.,2) on the second day, double that (i.e., 2x2=4) on the third day, and so on, for 60 days.
On the 60th day, after the transactions are over, our agreement shall end, and we shall owe each other nothing. In exchange for the huge amount of money that I will have given you, I would be satisfied with the matchsticks you will have given me in 60 days.
a) Would you accept the offer!

b) Who will gain from this deal, and by how much? #Minimum 100 words accepted#
Posted Date: 3/30/2017 5:11:01 AM | Location : USA







Related Discussions:- Maths For Fun, Assignment Help, Ask Question on Maths For Fun, Get Answer, Expert's Help, Maths For Fun Discussions

Write discussion on Maths For Fun
Your posts are moderated
Related Questions
Demonstrate that Dijkstra's algorithm does not necessarily work if some of the costs are negative by finding a digraph with negative costs (but no negative cost dicircuits) for whi


ball are arranged in rows to form an equilateral triangle .the firs row consists of one abll,the second of two balls,and so on.If 669 more balls are added,then all the balls canbe

Express area of a square with sides of length 5ab as a monomial.

The mode - It is one of the measures of central tendency. The mode is defined as a value in a frequency distribution that has the highest frequency. Occasionally a single valu

can you offer help with an entry level marketing class and with developing charts and tables for the final marketing plan?


how do I divide a fraction by a fraction by drawing a picture

what iz the value of x if y=56

A vertical post stands on a horizontal plane.  The angle of elevation of the top is 60 o and that of a point x metre be the height of the post, then prove that x = 2 h/3 .