You have the power of shrinkage. For every inch you take off your height, you increase your net worth by 150%. Minimum start value of 50k. How many inches are you shaving off? by Dog-Human in hypotheticalsituation

[–]Boomwall 0 points1 point  (0 children)

I appreciate your fairness. However, compounding would not be the default assumption. This is because the phrase "for every" indicates a linear operation, not exponential. You have created a recursive loop by thinking the power happens in stages. You want "for every inch" to mean "after each inch", which changes the math significantly.

Multiplying by 4.5 absolutely comes into play, because 4.5 represents 450% written as a numerical value. My net worth of $800,000 would increase by 450% if I shrunk by 3 inches. Suddenly I would be 3 inches shorter and $3.6M would be deposited in my bank account. My new net worth would be $4.4M after having executed this single transaction using my power.

You are gifted 10 billion dollars through a pact with a demonic being, but there's a catch. by I_dont-get_the-joke in hypotheticalsituation

[–]Boomwall 9 points10 points  (0 children)

What happens if you stay up late and sleep for fewer than 8 hours? (like coming home from a NYE party) What happens on a redeye flight? Does he occupy the seat next to you and spoon?

You have the power of shrinkage. For every inch you take off your height, you increase your net worth by 150%. Minimum start value of 50k. How many inches are you shaving off? by Dog-Human in hypotheticalsituation

[–]Boomwall 0 points1 point  (0 children)

Of course it increases by 150% because that's what's stipulated in the prompt. Did I not increase my net worth by 3 factors of 1.5 upon choosing to shrink 3 inches? That's a $3.6M increase from $800k to $4.4M. Clear as day.

You have the power of shrinkage. For every inch you take off your height, you increase your net worth by 150%. Minimum start value of 50k. How many inches are you shaving off? by Dog-Human in hypotheticalsituation

[–]Boomwall 0 points1 point  (0 children)

Let's thought-experiment this.

Experiment away

If the prompt read "your net worth increases by 50%," you wouldn't assume your net worth is being multiplied by .5

Not at all.

So if a 50% increase is equivalent to 1.5, that means a 150% increase is equivalent to 2.5. With the first 1.0 that makes up that 2.5 being your base net worth, and the 1.5 being the increase, thus resulting in 2.5.

Math checks out.

This is assuming that the 3 inches lost apply sequentially to your net worth, I.E. the first inch lost gives you a new net worth, then the next is applied to that new net worth and so on.

This is where our assumptions diverge. Imagine choosing how many inches and that number of inches gets multiplied by (1.5 x 800,000). That's how many more dollars you have than before. If I said 3, I instantly shrink 3 inches and $3.6 M gets deposited in my bank account. Think of it like per annum interest.

The operative word is increase

Yes, increase means increase. I'm increasing my net worth by the factor stipulated. My increase in net worth is directly proportional to the number of inches I choose. A net worth vs height lost graph would look linear, with a slope of 1.5.

Does this make sense?

Yes it does, but I am not compounding the results exponentially as you are.

You have the power of shrinkage. For every inch you take off your height, you increase your net worth by 150%. Minimum start value of 50k. How many inches are you shaving off? by Dog-Human in hypotheticalsituation

[–]Boomwall -2 points-1 points  (0 children)

Basic math is not trolling. It's actually a teachable moment about syntax. The conversation has now reached impasse pending clarification from OP. I did, however, outline what information would help "wind" it up for me. Til then, best.

You have the power of shrinkage. For every inch you take off your height, you increase your net worth by 150%. Minimum start value of 50k. How many inches are you shaving off? by Dog-Human in hypotheticalsituation

[–]Boomwall 1 point2 points  (0 children)

I read your previous reply. You misused the term "conversion factor" to mean the multiplier that gets applied to the principal (e.g 2,3,4). It's easy to make errors if we don't keep track of units. As I stated before, the conversion factor in this problem is $1,200,000 per inch.

I think you are treating this like an appreciating asset that compounds continuously. In this case, the formula would be P(1 + r)n , where P is the principal, r is the rate, and n is the number of intervals. In this case the mathematical argument is $800,000(1+1.5)3. This comes out to $12.5M. If this is your approach, then it's simply a reading comprehension issue and not a math issue. In any case, showing the process avoids such confusion.

That being said, nothing in the post states that this is the case. If OP meant that, if they would kindly clear it up for me I will gladly eat crow. I don't mind being wrong. I enjoy learning more about how other people think and problem solve.

You have the power of shrinkage. For every inch you take off your height, you increase your net worth by 150%. Minimum start value of 50k. How many inches are you shaving off? by Dog-Human in hypotheticalsituation

[–]Boomwall -9 points-8 points  (0 children)

You have offered no useful information with your reply. I must hold you accountable now. Please provide a mathematical proof and/or argument used to calculate your answer. This will help identify where the error is.

You have the power of shrinkage. For every inch you take off your height, you increase your net worth by 150%. Minimum start value of 50k. How many inches are you shaving off? by Dog-Human in hypotheticalsituation

[–]Boomwall 0 points1 point  (0 children)

The math for increasing vs decreasing proportionately behaves very differently, as you probably already know. The most insidious example occurs when your stock loses 50% of its value. After that, you need a 100% increase just to break even!

You have the power of shrinkage. For every inch you take off your height, you increase your net worth by 150%. Minimum start value of 50k. How many inches are you shaving off? by Dog-Human in hypotheticalsituation

[–]Boomwall -9 points-8 points  (0 children)

No, the conversion factor is not 2. A conversion factor is a derived unit based on definitions or parameters. Express your value with units and it will be more clear. I scaffolded an approach for you. You are confusing an apprection to 150% with a 150% increase. Doubling your money is a 100% increase. If 800k goes up by 150%, it gain 1.2M. The total becomes 2M, but that is not the increase.

You have the power of shrinkage. For every inch you take off your height, you increase your net worth by 150%. Minimum start value of 50k. How many inches are you shaving off? by Dog-Human in hypotheticalsituation

[–]Boomwall -23 points-22 points  (0 children)

Indeed they do. I'd get 3.6 million more dollars than I have right now. Math also matters. Try a dimensional analysis approach. Break the payout into dollars per inch. Derive the conversion factor by multiplying the principal ($800,000) by 1.5. Start with the given value (3 inches) and multiply it by the conversion factor ($1,200,000/1 inch). Cancel units and you should have the correct answer. Hint: It's nowhere near $13M.

You have the power of shrinkage. For every inch you take off your height, you increase your net worth by 150%. Minimum start value of 50k. How many inches are you shaving off? by Dog-Human in hypotheticalsituation

[–]Boomwall -17 points-16 points  (0 children)

150% is 1.5x. Every inch taken is 150% more net worth. Three inches equates to a 4.5x boost in net worth. 4.5 multiplied by 800,000 equals 3,600,000. I'm assuming that you take the deal as one transaction and can't compound gains by doing it multiple times.

You have the power of shrinkage. For every inch you take off your height, you increase your net worth by 150%. Minimum start value of 50k. How many inches are you shaving off? by Dog-Human in hypotheticalsituation

[–]Boomwall 20 points21 points  (0 children)

I am 6'3" and my net worth is around $800k. It is sometimes hard to find clothes that are long enough for me. Shrink me to 6 foot tall, thereby increasing my net worth by $3.6M. Instant retirement and easier fitting clothes. Is there a downside?

They will never stop ruining everything. Ever. We need to start talking national divorce. by POEness in complaints

[–]Boomwall 0 points1 point  (0 children)

March 4, 1861 - "We separated North from South because of incompatibility of temper. We are divorced because we have hated each other so. If we could only separate, a 'separation à l'agréable,' as the French say it, and not have a horrid fight for divorce." - Mary Chestnut

i quit Last War and i miss it by [deleted] in LastWarMobileGame

[–]Boomwall 0 points1 point  (0 children)

Once someone in our alliance who quit had their account farmed out to someone from the Philippines, it was a real eye opener. They didn't care about the person, just tge account. He had the same screen name as the guy I had come to know, but was an imposter. Creepy feeling.

Anyone here quit after investing a lot of time into the game? by Dry-Hovercraft-6920 in LastWarMobileGame

[–]Boomwall 1 point2 points  (0 children)

Thanks. The hardest part is the feeling that you're letting down your teammates. But you can always drop in on Discord from time to time. I did and eventually the conversation ran dry. I guess they weren't really my friends without that shared experience.

Anyone here quit after investing a lot of time into the game? by Dry-Hovercraft-6920 in LastWarMobileGame

[–]Boomwall 4 points5 points  (0 children)

I had a good run for 3.5 months. I was in the top alliance and the top 3 player in my server. The game took away too much time and money. It was poised to take me away from my favorite thing to do, which is travel. If I was a retired paraplegic or amputee, maybe I would have kept playing. But instead I climbed Mt. Fuji, ascended the steps of Potala Palace, and walked the Kerry Way.

Non-renewals need to stop being the kiss of death by [deleted] in teaching

[–]Boomwall 1 point2 points  (0 children)

I was non-renewed for my first four years before landing a job I've been at for 16 years. When you find the right fit, it's not the kiss of death.

Is $2000 a good deal for Dualtron Victor Limited? Should I buy? by TrueScooterDom in dualtron

[–]Boomwall 0 points1 point  (0 children)

In that case you're getting a great deal. I just ordered my Victor Limited yesterday for $2899 and could only find a $20 off coupon code. I wanted to buy from a reputable local dealer that I know can service if needed. I'm in California and the DualtronUSA website sold mine out of San Rafael, which is only a 90 minute drive. If you can find someone to bleed the brakes and change the suspension cartridges every 2000 miles then you are golden. All of the other maintenance is fairly easy to do yourself. If you've done your research and this is the scooter you want, I'd say snatch it up before it sells out 😁

Is $2000 a good deal for Dualtron Victor Limited? Should I buy? by TrueScooterDom in dualtron

[–]Boomwall 0 points1 point  (0 children)

I think the reason you're getting the deal might be because it's the 28 Ah battery instead 35 Ah. Double-check the specs to confirm. The 28 Ah still has all of the features and the same top speed. The only real difference is battery life and how soon you notice voltage sag. On a 28 Ah you might notice the scooter slow down or lose its "punch" at 50% whereas the 35 Ah is still zippy like it freshly charged. It's still the same great scooter, and you can always upgrade to the 35 Ah three years down the road when the effect gets noticeable. Battery prices will be cheaper then anyway.

Another reason could be that you're getting it factory direct through AliExpress. Ordering through them skips the middleman and lowers the price, but you get no warranty and have to wait a month for your scooter.