Can You Get Rich By Nailing 32 Horse Shoes?

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Nailing 32 horse shoes requires 32 nails, with each nail costing double the previous one, starting at one penny. The total cost would amount to a surprisingly large sum, specifically 2^32 - 1 cents, which is over $42 billion. This concept parallels the ancient story of grains of wheat on a chessboard, illustrating exponential growth. The discussion also touches on potential programming issues with bank software if it uses 32-bit variables. The conversation highlights the unexpected financial implications of exponential pricing models.
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So if you are putting horse shoes on a horse it takes 32 nails. Imagine telling the horse owner you will do the first nail for a penny and the second nail for 2 pennys. Each nail will be double the prior nail.Once the final nail is installed ant the total is tallied up, will he be able to pay you? You might be surprised at your bank account if he actually writes you a check for the correct amount. That would be a lot spending cash at your disposal.
 
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campingfriend said:
So if you are putting horse shoes on a horse it takes 32 nails. Imagine telling the horse owner you will do the first nail for a penny and the second nail for 2 pennys. Each nail will be double the prior nail.Once the final nail is installed ant the total is tallied up, will he be able to pay you? You might be surprised at your bank account if he actually writes you a check for the correct amount. That would be a lot spending cash at your disposal.

This has been known since ancient times. The original was 1 grain of wheat one the first square of a chessboard, 2 on the 2nd, etc.
 
$$\sum_{n=0}^{N-1} 2^n = \frac{2^{N} - 1}{2 - 1} = 2^{N} - 1 = 2^{32} - 1$$
Good thing it wasn't 33 nails, or you might have had an even bigger surprise if that slacker who programmed your bank's software used 32-bit variables...
 
jbunniii said:
$$\sum_{n=0}^{N-1} 2^n = \frac{2^{N} - 1}{2 - 1} = 2^{N} - 1 = 2^{32} - 1$$
Good thing it wasn't 33 nails, or you might have had an even bigger surprise if that slacker who programmed your bank's software used 32-bit variables...

Depends on if they used signed or unsigned :D
 
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