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A checker board has 64 squares - 32 red and 32 black.
If you put 1 cent on the 1st square, doubled the amount and put it on the 2nd square, the 2nd square would have 2 cents on it. Double what's on the 2nd square and put it one the 3rd square so now the 3rd square has 4 cents on it. Double what's on the 3rd square and put it on the 4th square so now the 4th square has 8 cents on it.
If you did this for the remaining squares on the board, would you rather have what's on the 64th square or $5 Million dollars?
PS For those who don't want to do the math, the 64th square would hold $92,233,720,368,547,800.00 and this concept came from an investing class and the subject was compounding.
Full EXIF Info | |
Date/Time | 23-Feb-2008 19:36:55 |
Make | Nikon |
Model | NIKON D70s |
Flash Used | No |
Focal Length | 105 mm |
Exposure Time | 1/6 sec |
Aperture | f/4.5 |
ISO Equivalent | |
Exposure Bias | |
White Balance | |
Metering Mode | matrix (5) |
JPEG Quality | |
Exposure Program | aperture priority (3) |
Focus Distance |
All photographs copyright © P Kocinski. All rights reserved. Unauthorized use prohibited
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