My Math Forum  

Go Back   My Math Forum > Science Forums > Economics

Economics Economics Forum - Financial Mathematics, Econometrics, Operations Research, Mathematical Finance, Computational Finance


Reply
 
LinkBack Thread Tools Display Modes
May 3rd, 2016, 07:39 AM   #1
Senior Member
 
Joined: May 2008

Posts: 254
Thanks: 47

Misleading but amusing "compound interest" problem

Beer soaked ramblings follow.

The following problem had me stumped for a while till I realized, after 3 beer bottles and half an hour later, how simple it really was.

At a certain rate of compound interest, money will double in x years, money will triple in y years, and money will increase tenfold in z years. At this same rate of compond interest, \$5 will increase to \$12 in n years. Find integers a, b, and c so that n = ax + by + cz.
jonah is offline  
 
Reply

  My Math Forum > Science Forums > Economics

Tags
amusing, compound interest, misleading, problem



Thread Tools
Display Modes


Similar Threads
Thread Thread Starter Forum Replies Last Post
A "simple" application of dirac delta "shift theorem"...help SedaKhold Calculus 0 February 13th, 2012 11:45 AM
"separate and integrate" or "Orangutang method" The Chaz Calculus 1 August 5th, 2011 09:03 PM
sample exeriment-need help finding "statistic" and "result" katie0127 Advanced Statistics 0 December 3rd, 2008 01:54 PM
Compound Interest/The Number "e" Prob!!!! HELP!! dagitt Calculus 2 November 11th, 2008 11:08 PM
terms "non-increasing" or "non-decreasing" Ujjwal Number Theory 2 September 29th, 2008 07:06 AM





Copyright © 2017 My Math Forum. All rights reserved.