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The actual solution to this riddle is to add correctly (correct time, correct person and correct location) from the bank point of view which in this case seems to be the problem: First day: $30 in the bank + $20 owner already withdrew = $50. Second day: $15 in the bank + ($15 + $20 owner already withdrew) = $50.
Image credits: Sensitive_Section_98 #4. I created a gift bin. Whenever I see a great deal online or in a thrift store, bin store etc. I buy things and store them in my gift bin.
The economist Alex Tabarrok has argued, that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.
Coupon collector's problem. In probability theory, the coupon collector's problem refers to mathematical analysis of "collect all coupons and win" contests. It asks the following question: if each box of a given product (e.g., breakfast cereals) contains a coupon, and there are n different types of coupons, what is the probability that more ...
T-bills are auctioned in denominations of $100, up to maximum amount of $5 million (or 35% of the auction offering if a competitive bid) and lack a coupon payment, but instead are sold at a discount, their yield being the difference between purchase price and redemption value, which is paid at maturity.
Eight copies of Audubon's The Birds of America have sold for more than $1 million. This is a list of printed books, manuscripts, letters, music scores, comic books, maps and other documents which have sold for more than US$1 million. The dates of composition of the books range from the 7th-century Quran leaf palimpsest and the early 8th-century ...
More than 400 million Goosebumps books have been sold, [1] making it the best-selling series of all time for several years. [2] At one point, Goosebumps sold 4 million books a month. [3] A film based on the books was released on October 16, 2015. [4] A new book series called Goosebumps House of Shivers set after Slappyworld started in September ...
JD.com started the e-book selling business online on 20 February 2012, and provided customers with more than 80,000 electronic books. JD.com also offered discounts to the buyers, this situation was the unfoldment of a new round of price war. [62] On 17 April 2013, most of the e-books on Dangdang's website were free for users to download.
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