Media Summary: This is a great way to introduce the idea of exponents or Would you rather have a Penny a day OR 1 Million Dollars? This honestly blew my mind. I'm sure this question has been going around for many years, but I had never heard it.
Exponential Growth Would You Rather - Detailed Analysis & Overview
This is a great way to introduce the idea of exponents or Would you rather have a Penny a day OR 1 Million Dollars? This honestly blew my mind. I'm sure this question has been going around for many years, but I had never heard it. Compound interest is the eighth wonder of the world. It The Fable of the Grain of Rice shows how it's better to get a penny that doubles daily versus having $1000000 upfront. This is ... The art of compounding a penny versus one million cash!
