Penny Doubled Everyday Or A Million Dollars Solved In Power BI
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3 سال پیش
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If someone were to offer
If someone were to offer you a million dollars in a lump sum or a penny doubled every day for the next 30 days, which would you take? This is a simple mathematical problem that involves exponential returning and compounding. In the video you will see I use a simple Excel sheet with 3 columns for the days, daily doubled returns and the million dollar lump sum.
I then place this data into a Power BI dashboard with a few quick visuals that took me 20 minutes or less to easily display which is the best choice here - the million dollar lump sum or the penny doubled every day for 30 days - you will have to watch the video to see the answer!
I hope you found this video interesting and helpful. This is a basic problem which shows the power of compounding and exponential returns. It also shows you useful and helpful Power BI can be to easily display turning or inflexion points and more - again, you will have to watch the video to see which school of thought wind here.
Please take a moment to subscribe, like and share!
Thanks again and God bless!
I then place this data into a Power BI dashboard with a few quick visuals that took me 20 minutes or less to easily display which is the best choice here - the million dollar lump sum or the penny doubled every day for 30 days - you will have to watch the video to see the answer!
I hope you found this video interesting and helpful. This is a basic problem which shows the power of compounding and exponential returns. It also shows you useful and helpful Power BI can be to easily display turning or inflexion points and more - again, you will have to watch the video to see which school of thought wind here.
Please take a moment to subscribe, like and share!
Thanks again and God bless!
3 سال پیش
در تاریخ 1400/11/09 منتشر شده
است.
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