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

Scientific notation, kikos toy company boasts that their remotes have the g...

kikos toy company boasts that their remotes have the greatest range . their claim is that you can access their signal up to 1320 feet from their device . a competing company, yozzo

Area between curves, Area between Curves In this section we will be fi...

Area between Curves In this section we will be finding the area between two curves. There are in fact two cases that we are going to be looking at. In the first case we des

Envision math common core, how do i write a conjecture about the sum of two...

how do i write a conjecture about the sum of two negative integers.

Irregular shapes and solids, find the area of the irregular shape 2cm 4cm 4...

find the area of the irregular shape 2cm 4cm 4cm 2cm 5cm 5cm

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

Pair of straight line, show that one of the straight lines given by ax2+2hx...

show that one of the straight lines given by ax2+2hxy+by2=o bisect an angle between the co ordinate axes, if (a+b)2=4h2

Objectives of helping children learn mathematics, Objectives After stud...

Objectives After studying this leaarn maths; you should be able to explain why a teacher needs to know the level of development of hi; her learners; identify the way

SHARES AND DIVIDEND, PLEASE PROVIDE SOME STUFF TO WRITE ON SHARES AND DIVID...

PLEASE PROVIDE SOME STUFF TO WRITE ON SHARES AND DIVIDEND

This year he is 651/4 inches tall how many inches did grow, Last year Jonat...

Last year Jonathan was 603/4 inches tall. This year he is 651/4 inches tall. How many inches did he grow? Subtract to find outthe difference in heights. You will need to borro

Explain peano''s axioms with suitable example, Question 1 Explain Peano's ...

Question 1 Explain Peano's Axioms with suitable example Question 2 Let A = B = C= R, and let f: A→ B, g: B→ C be defined by f(a) = a+1 and g(b) = b 2 +1. Find a) (f °g

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