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Old May 2nd, 2008, 03:56 AM
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Quote:
Originally Posted by zp3929 View Post
i do understand where the equation comes from, evertime he wins he increases the amount he owns by 3/2, whereas when he loses 1/2 of all he owns is lost, because this is done 10 times each that is why the power of 10 is there, is that right?
there must be some flaw in my understanding though as i just tried to put it into my calculator and it cane no where near the value of x i had put in
i put x as 1000 and it came out with 56.313514...
where did i go wrong?

thanks

Zac
Moo is trying tell you \left(\frac 32 \right)^{10} \left(\frac 12 \right)^{10} x \neq x. So the gambler is wrong... thats all.
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Algebra is the offer made by the devil to the mathematician. The devil says: `I will give you this powerful machine, it will answer any question you like. All you need to do is give me your soul: give up geometry and you will have this marvellous machine.'
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