A rich man promises to give you $1000 on September 1, 2010. Each day thereafter he will
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A rich man promises to give you $1000 on September 1, 2010. Each day thereafter he will give you 9/10 of what he gave you the previous day. What is the first date on which the amount you receive is less than 1¢? How much have you received when this happens?
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Given a 1000 r 09 Find n when an 001 100009 001 09 00000...View the full answer
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Sufiyan Ahmed Tariq
I am a Chartered Accountant and an Associate Public & Finance Accountant. I also hold a bachelors of Commerce degree. I have over 8 years of experience in accounting, finance and auditing. Through out my career, I have worked with many leading multinational organisation.
I have helped a number of students in studies by teaching them key concepts of subjects like accounting, finance, corporate law and auditing. I help students understanding the complex situation by providing them daily life examples.
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