I remember something similar from high school."Would you rather have a million dollars today, or...
$1 doubled every day for a month?".
Even without compounding or accumulating, (so just like the chessboard analogy) it starts to take off pretty soon:.End of week 1: $64End of week 2: $16,192End of week 3: $2,072,576.Now you're doubling in the millions....End of week 4: $265,289,728!.So really, the 2nd 2/3 of the chessboard is pretty intense...
Any gambler knows that doubling up can get real scary real quick!!
- Forums
- World Events
- Rice on a chessboard = exponential growth
Rice on a chessboard = exponential growth, page-6
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)