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

Advantages and disadvantages of decision trees, Advantages of decision tree...

Advantages of decision trees 1. This clearly brings out implicit calculations and assumptions for all to see question and revise 2. This is simple to understand Disadvan

Can u please tell me how to solve, a triangle with side lengths in the rati...

a triangle with side lengths in the ratio 3:4:5 is inscribed in a circle

Two consecutive integers is 15 find out the larger integer, If the differen...

If the difference among the squares of two consecutive integers is 15 find out the larger integer. Let x = the lesser integer and let x + 1 = the greater integer. The sentence,

Distinct eigenvalues –system solving, DISTINCT EIGENVALUES -SYSTEM SOLVING ...

DISTINCT EIGENVALUES -SYSTEM SOLVING : E xample Solve the following IVP. Solution : Therefore, the first thing that we must to do that is, get the eigenvalues

Rarrrrrrrrrr, i need help in writing about a magic car?..

i need help in writing about a magic car?..

Matrix inverse, Here we need to see the inverse of a matrix. Provided a squ...

Here we need to see the inverse of a matrix. Provided a square matrix, A, of size n x n if we can get the other matrix of similar size, B that, AB = BA = I n after that we call

Find the number of students in the class, Students are made to stand in row...

Students are made to stand in rows. If one student is extra in a row there would be 2 rows less. If one student is less in a row there would be 3 rows more. Find the number of stud

Properties of vector arithmetic, Properties of Vector Arithmetic If v, ...

Properties of Vector Arithmetic If v, w and u are vectors (each with the same number of components) and a and b are two numbers then we have then following properties. v →

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