Showing posts with label Grammar School. Show all posts
Showing posts with label Grammar School. Show all posts

Sunday, March 23, 2014

The Power of Doubles

Stop me if you've heard this one before.

A man; or woman; comes up to you and asks if you would be interested in working for 30 days at 1 cent for the first day, with the daily rate to double for the 30 days. There is only one catch; at the end of the month long assignment you can no longer work again; anywhere, at anything.

Do you take the job? Hopefully your answer is yes; because the last 3 days alone with net you a whopping $11 million or so. Do the math, it’s kind of fun and it gives you a whole new perspective on numbers.

Related to this would be artists royalties on records; either as performers or writers; the pennies they receive each time their records are played amount to millions over the period of just 1 year alone. And those pennies; unlike the 30 day $11 million dollar deal above; go on forever.

The same process applies to pandemics. The first person gives it to another person who gives it to 2 more who pass it on to 4 more, etc., etc. The Spanish Flu Pandemic of 1919 is a great case in point. The same is also true of the AIDS epidemic in the 1980’s.

Numbers have always fascinated me; even when I was failing math in grammar school. I knew that there was a magic there which I couldn’t decipher yet. Later; when I learned to navigate by the stars; I found the numbers to be every bit as fascinating as I knew they would be. And still are.

If you want to see the math  behind this 30 day plan, visit the following site. Great minds think alike, and as I was looking around on the net to see if anyone had posted on this before, I came up with the following site. Totally different articles about the same thing. That's what I love about the internet. Perspectives.