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

construct an isosceles triangle, 1. Construct an isosceles triangle whose ...

1. Construct an isosceles triangle whose base is 7cm and altitude 4cm and then construct another similar triangle whose sides are 1/2 times the corresponding sides of the isosceles

How many rolls will she required to purchase, Karen is buying a wallpaper b...

Karen is buying a wallpaper border for her bedroom, that is 12 ft by 13 ft If the border is sold in rolls of 5 yards each, how many rolls will she required to purchase? The dis

.probability, a box contains 4 white and 6 green balls.Two balls are drawn ...

a box contains 4 white and 6 green balls.Two balls are drawn randomly with replacement.Show the probability on tree dig.

Distance is given then find the value of k, In the graphical representatio...

In the graphical representation of a frequency distribution if the distance between mode and mean is k times the distance between median and mean then find the value of k.

The shortest distance among the line y-x=1 and curve x=y^2, Any point on pa...

Any point on parabola, (k 2 ,k) Perpendicular distance formula: D=(k-k 2 -1)/2 1/2 Differentiating and putting =0 1-2k=0 k=1/2 Therefore the point is (1/4, 1/2) D=3/(32 1/2

Probability, a die was rooled 500 times and number of times 4 came up was n...

a die was rooled 500 times and number of times 4 came up was noted if the imperical probability calculated from this information 7_10

Determine the critical points, Assume that the amount of money in a bank ac...

Assume that the amount of money in a bank account after t years is specified by, Find out the minimum & maximum amount of money in the account throughout the first 10 years

What is unreducing fractions, Q, Did you know that you can unreduce a fract...

Q, Did you know that you can unreduce a fraction? Ans. Remember, you reduce a fraction by dividing the numerator and denominator by the same numbers. Here we divide

Lesson 3.5 skills practice, Noah is renewing a magazine subscription. one p...

Noah is renewing a magazine subscription. one package offers to renew the magazine for 3 years for 26$. A second package offers to renew the magazine for 5 years for $38

Write Your Message!

Captcha
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!

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