AlwaysLurkin
Superstar
I took algebra for like 3 years in high school so this is confusing
Correct.Nah. You start with 500 and double it on day 1. Leaving you with 1000 at the end of day 1.
500 is the initial term.
The math you did is if n=0 corresponds to Day 1. Which is not the case. n=1 is day 1.
You should have stayed awake in class like me.
I see nothing wrong with the wording. I worked this same problem at NYU but more rigorous.The Problem Here Is How It Was Worded
Don't Say You're Gonna Double 500 For 10 Days Then On Day 2 You're Doubling 1000 And Day 3 You're Doubling 2000 That Changes The Math
If You Stick With You How You Worded It It Would Be
500
1000
1500
2000
2500
Etc...
That First 500 Is Your Base, That Way You're Playing With House Money, If You Try And Double EVERYTHING You Have And Take An L You're fukking Broke lol When In THIS Method You're Only Losing $500
The Problem Here Is How It Was Worded
Don't Say You're Gonna Double 500 For 10 Days Then On Day 2 You're Doubling 1000 And Day 3 You're Doubling 2000 That Changes The Math
If You Stick With You How You Worded It It Would Be
500
1000
1500
2000
2500
Etc...
That First 500 Is Your Base, That Way You're Playing With House Money, If You Try And Double EVERYTHING You Have And Take An L You're fukking Broke lol When In THIS Method You're Only Losing $500
But that is the problem I gave. It is the equation I provided. Why wouldn't I say that? That's like a teacher giving you a problem and you say "You shouldn't make a problem about doubling your money every day. You should make one more simple"
If you want to create a new mathematical expression for a new situation, go ahead and do that breh.
Getting your certsExplain How You Would Double Thousands Of Dollars Everyday Consistently
But that is the problem I gave. It is the equation I provided. Why wouldn't I say that? That's like a teacher giving you a problem and you say "You shouldn't make a problem about doubling your money every day. You should make one more simple"
If you want to create a new mathematical expression for a new situation, go ahead and do that breh.
Point made, lolWe make threads every day on the most bull shyt fukkery topics and you're asking why this a thread? The awdasity.
"Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it." - Albert Einsteingood drop op.... reminded me of finance class
compound interest formula daily
compound interest formula daily - Google Search
It's something to think about. That's all.This thread would actually be useful if it provided ways to accomplish these things. Posting/understanding this doesn't show ambition or the ability to achieve it.
"Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it." - Albert Einstein
Compound interest is how Warren Buffet started with $20,000 and is now the 3rd richest person in the world.
the currency exchange is one option in terms of business days