So you know money...
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lets see .... A Cpian puts 10,000 dollar in a Weekly trading scheme. -> About half the time, He makes an 80% gain. -> The other half, he makes a 60% loss. One year later, how much money he will have? a> 1.95 b> 14,000 c> 140,000 d> 1.4 Million e> 131 Million f> I don't want to answer and the question sucks No Marks without explaination ;P Quartz A Good Name Is Better Than A Good Face- old chinese proverb My first article^
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lets see .... A Cpian puts 10,000 dollar in a Weekly trading scheme. -> About half the time, He makes an 80% gain. -> The other half, he makes a 60% loss. One year later, how much money he will have? a> 1.95 b> 14,000 c> 140,000 d> 1.4 Million e> 131 Million f> I don't want to answer and the question sucks No Marks without explaination ;P Quartz A Good Name Is Better Than A Good Face- old chinese proverb My first article^
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lets see .... A Cpian puts 10,000 dollar in a Weekly trading scheme. -> About half the time, He makes an 80% gain. -> The other half, he makes a 60% loss. One year later, how much money he will have? a> 1.95 b> 14,000 c> 140,000 d> 1.4 Million e> 131 Million f> I don't want to answer and the question sucks No Marks without explaination ;P Quartz A Good Name Is Better Than A Good Face- old chinese proverb My first article^
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Excellent , if you have waited a bit you would have seen a lot of mixed answers :) My first article^
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compound interest ? My first article^
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Excellent , if you have waited a bit you would have seen a lot of mixed answers :) My first article^
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compound interest ? My first article^
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compound interest ? My first article^
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" Compound interest is the eighth wonder of the world " - ...Albert Einstein oh you really want me to do this , ok another question the interest rate is monthly quarterly or annually ? --- My first article^
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lets see .... A Cpian puts 10,000 dollar in a Weekly trading scheme. -> About half the time, He makes an 80% gain. -> The other half, he makes a 60% loss. One year later, how much money he will have? a> 1.95 b> 14,000 c> 140,000 d> 1.4 Million e> 131 Million f> I don't want to answer and the question sucks No Marks without explaination ;P Quartz A Good Name Is Better Than A Good Face- old chinese proverb My first article^
g> Lots but he'll be dead from worrying about money instead of living life :) regards, Paul Watson Ireland Colib and ilikecameras. K(arl) wrote: oh, and BTW, CHRISTIAN ISN'T A PARADOX, HE IS A TASMANIAN!
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" Compound interest is the eighth wonder of the world " - ...Albert Einstein oh you really want me to do this , ok another question the interest rate is monthly quarterly or annually ? --- My first article^
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g> Lots but he'll be dead from worrying about money instead of living life :) regards, Paul Watson Ireland Colib and ilikecameras. K(arl) wrote: oh, and BTW, CHRISTIAN ISN'T A PARADOX, HE IS A TASMANIAN!
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i really wished you can hide your answer for a while. :) --- My first article^
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i really wished you can hide your answer for a while. :) --- My first article^
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Drat... now i'm all curious...
---- Scripts i've known... CPhog 0.9.9 - make CP better. Forum Bookmark 0.2.1 - bookmark forum posts on Pensieve Print forum 0.1.1 - printer-friendly forums
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lets see .... A Cpian puts 10,000 dollar in a Weekly trading scheme. -> About half the time, He makes an 80% gain. -> The other half, he makes a 60% loss. One year later, how much money he will have? a> 1.95 b> 14,000 c> 140,000 d> 1.4 Million e> 131 Million f> I don't want to answer and the question sucks No Marks without explaination ;P Quartz A Good Name Is Better Than A Good Face- old chinese proverb My first article^
Quartz... wrote:
About half the time
He makes about an undeterminable amount, based upon the phrasing of your question. You also need to know if he trades all the stocks weekly, or just some of them. Does he ever take any off-the-top? Does he ever invest more? Questions like this need to be explicitly worded. I win. What's my prize?
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lets see .... A Cpian puts 10,000 dollar in a Weekly trading scheme. -> About half the time, He makes an 80% gain. -> The other half, he makes a 60% loss. One year later, how much money he will have? a> 1.95 b> 14,000 c> 140,000 d> 1.4 Million e> 131 Million f> I don't want to answer and the question sucks No Marks without explaination ;P Quartz A Good Name Is Better Than A Good Face- old chinese proverb My first article^
d? ill delete after you reply
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lets see .... A Cpian puts 10,000 dollar in a Weekly trading scheme. -> About half the time, He makes an 80% gain. -> The other half, he makes a 60% loss. One year later, how much money he will have? a> 1.95 b> 14,000 c> 140,000 d> 1.4 Million e> 131 Million f> I don't want to answer and the question sucks No Marks without explaination ;P Quartz A Good Name Is Better Than A Good Face- old chinese proverb My first article^
my answer: d> 1.4 Million or: 1,420,429.32 to be precise. logic: 5,000 * 1.8 + 5,000 * 0.4 = 11,000 (which is initial * 1.1) so for each week multiply by 1.1, so answer = 1.1^52 * 10,000 now lets see if i'm right...
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Quartz... wrote:
About half the time
He makes about an undeterminable amount, based upon the phrasing of your question. You also need to know if he trades all the stocks weekly, or just some of them. Does he ever take any off-the-top? Does he ever invest more? Questions like this need to be explicitly worded. I win. What's my prize?
I agree... that about theoretically shoots the question in the head. Apart from your questions I'm also wondering if he bought a Lamborghini halfway thru the year and therefore halved his capital? Also maybe he won a few grand at the casino and invested that which further affects the outcome. ;)
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Excellent , if you have waited a bit you would have seen a lot of mixed answers :) My first article^
i'm confused :confused: .. are we supposed to post the answer? All these posts and no answers... cool problem BTW... had me scratching my head for a few minutes :-D