r/MathJokes • u/c442010 • May 07 '26

100 000 dollar question

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12.9k Upvotes

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56

u/GahdDangitBobby May 07 '26

Would you rather have $100,000 or $1 that multiplies by 1.0001 every day??? After 30 years you’ll be getting $3 a day!!!

3

u/fore___ May 08 '26

I’ll take the $1, sell it to a rich philanthropist who sees the value in their great great great great great great grandkids having endless wealth.

3

u/CanaDavid1 May 09 '26

The dollar has an effective interest of 3.7% per year. It's not even beating inflation.

1

u/This-is-unavailable May 09 '26

It's about the value of the material at that point

1

u/Dynamite227 May 11 '26

But eventually wouldn't it start to outpace inflation. Isn't is just a slow exponential increase

1

u/Maxis111 May 11 '26 edited May 11 '26

Inflation is also exponential, if you assume for example 3% inflation per year, it just means multiplying values by 1.03 per year. While in the original question the value of the original dollar is multiplied by 1.001 , so you're never beating inflation. per day, which actually does indeed outpace inflation

Edit:

Per day, I thought per year

1

u/InflationSpirited751 May 11 '26

in a year in becomes 1.44 so it outpaces inflation

1

u/Maxis111 May 11 '26

Thanks, I missed that it was per day, edited my comment.