User Account

All Pages

Maths For Fun, Mathematics

Assignment Help:
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#

Related Discussions:- Maths For Fun

Need some clarity?, THE % PARTICIPATION Feature in a major medical expense ...

THE % PARTICIPATION Feature in a major medical expense policy is 75% with a $100 deductible. how much of a $2,000 bill is the insured responsible for paying?

Solid geometry, what is solid geometry and uses of solid geometry

what is solid geometry and uses of solid geometry

Algegra, what''s the main purpose of algebra in our daily life

what''s the main purpose of algebra in our daily life

Fractions, how to break fractions

how to break fractions

Combination, nC6:n-3C3=91:4

nC6:n-3C3=91:4

Determine the property of partial ordered relation, Determine the property ...

Determine the property of Partial ordered relation Question: Partial ordered relation is transitive, reflexive and  Answer: antisymmetric

Common fractions order of operations BODMAS, were can get this please

were can get this please

Addition, 5289441+4684612131

5289441+4684612131

Example of graphical technique of linear equations, Explain the Graphical T...

Explain the Graphical Technique of Linear Equations by using this figure.

Intercepts, The last topic that we want to discuss in this section is that ...

The last topic that we want to discuss in this section is that of intercepts.  Notice that the graph in the above instance crosses the x-axis in two places & the y-axis in one plac

Write Your Message!

Captcha
Order Assignment

Featured Services

Order Now

Popular Subjects

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd