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Re: dr frudaky post# 43187

Monday, 03/27/2006 10:20:15 PM

Monday, March 27, 2006 10:20:15 PM

Post# of 82595
Doc, I am actually embarrassed for you. You are pretty good with words, but I know 4th graders with better math skills. Allow me to give you a tutorial. Class is now in session. Today we will be discussing percentages. If the pps is 0.0234 and it doubles to 0.468, then it has increased by 100%. If it increases tenfold to 0.234, then it has increased by 900% (not 1000%). If it increases by 1000% it would be at 0.2574.

Don't worry, I am still quite comfortable with the bet. But thank you for your kind offer.

Virgil