The document describes a deal proposed by the devil where he would double an initial $1000 investment each day for 30 days while taking a 10% commission. While the investment grows quickly at first, the devil's commission also doubles daily, outpacing the growth of the original investment. By day 30, the commission owed is over $500 million, resulting in a net loss for the investor. The document includes a table tracking the daily growth and commissions owed over the 30 days.
The document describes a deal proposed by the devil where he would double an initial $1000 investment each day for 30 days while taking a 10% commission. While the investment grows quickly at first, the devil's commission also doubles daily, outpacing the growth of the original investment. By day 30, the commission owed is over $500 million, resulting in a net loss for the investor. The document includes a table tracking the daily growth and commissions owed over the 30 days.
The document describes a deal proposed by the devil where he would double an initial $1000 investment each day for 30 days while taking a 10% commission. While the investment grows quickly at first, the devil's commission also doubles daily, outpacing the growth of the original investment. By day 30, the commission owed is over $500 million, resulting in a net loss for the investor. The document includes a table tracking the daily growth and commissions owed over the 30 days.
The document describes a deal proposed by the devil where he would double an initial $1000 investment each day for 30 days while taking a 10% commission. While the investment grows quickly at first, the devil's commission also doubles daily, outpacing the growth of the original investment. By day 30, the commission owed is over $500 million, resulting in a net loss for the investor. The document includes a table tracking the daily growth and commissions owed over the 30 days.
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Give the
Devil his Due
By: Zack Morris
Period 4, Mr. T Algebra 2 Honors Day Double Devil's commission Total Amount 0 $0.00 $0.00 $1,000.00 1 $2,000.00 $100.00 $1,900.00 2 $3,800.00 $200.00 $3,600.00 3 $7,200.00 $400.00 $6,800.00 4 $13,600.00 $800.00 $12,800.00 5 $25,600.00 $1,600.00 $24,000.00 6 $48,000.00 $3,200.00 $44,800.00 7 $89,600.00 $6,400.00 $83,200.00 8 $166,400.00 $12,800.00 $153,600.00 9 $307,200.00 $25,600.00 $281,600.00 10 $563,200.00 $51,200.00 $512,000.00 11 $1,024,000.00 $102,400.00 $921,600.00 12 $1,843,200.00 $204,800.00 $1,638,400.00 13 $3,276,800.00 $409,600.00 $2,867,200.00 14 $5,734,400.00 $819,200.00 $4,915,200.00 15 $9,830,400.00 $1,638,400.00 $8,192,000.00 16 $16,384,000.00 $3,276,800.00 $13,107,200.00 17 $26,214,400.00 $6,553,600.00 $19,660,800.00 18 $39,321,600.00 $13,107,200.00 $26,214,400.00 19 $52,428,800.00 $26,214,400.00 $26,214,400.00 20 $52,428,800.00 $52,428,800.00 $0.00 21 $0.00 $104,857,600.00 $104,857,600.00 22 $209,715,200.00 $209,715,200.00 $419,430,400.00 23 $838,860,800.00 $419,430,400.00 $1,258,291,200.00 24 $2,516,582,400.00 $838,860,800.00 $3,355,443,200.00 25 $6,710,886,400.00 $1,677,721,600.00 $8,388,608,000.00 26 $16,777,216,000.00 $3,355,443,200.00 $20,132,659,200.00 27 $40,265,318,400.00 $6,710,886,400.00 $46,976,204,800.00 28 $93,952,409,600.00 $13,421,772,800.00 $107,374,182,400.00 29 $214,748,364,800.00 $26,843,545,600.00 $241,591,910,400.00 30 $483,183,820,800.00 $53,687,091,200.00 $536,870,912,000.00 The devil proposed me a deal that sounded too good to be true. He offered me an investment deal where he will only take ten percent of the $1000 that I would invest. He would double my money every day after he took his cut. There is a catch though, his cut also doubles, and I must stick with the deal for at least thirty days. He was not lying to me when he said that by the fourth day I would have close to $13000, 12800 to be exact.
What I put in the cells
B4; D3 times 2. My input money Doubled B5; D4 times 2. My Account Doubled B6; D5 times 2. My Account Doubled C4; D3 times 0.1. Get the Devil’s first cut C5; C4 times 2. Double the Devil’s cut D4; B4 minus C4. Take out the Devil’s cut D5; B5 minus C5. Take out the Devil’s cut
Questions 1. My balance at the end is negative $536,870,912,000.00. I do think the calculations are correct because the devil’s cut is going up faster than my cut. I would not make the deal with the devil because I would lose a lot of money. My money increases faster than the Devil’s cut at the beginning, but his increases faster later on. 2. Earlier on my money would have been increasing faster than the Devil’s cut of my money. I would rearrange the deal by reversing it. He would give me a loan of $1000 and I would take ten percent of that, then double his money and double my cut. 3. His money curve is explained as an exponential graph because the amount the money increases by, increases.
