Become A Millionaire - The REDUCE Function - Select an option

Suppose you're faced with a decision: receiving a million dollars upfront or opting for a single cent that doubles daily for the next 30 days.
In this tutorial, we'll utilize Excel to explore this dilemma through three different methods, including the Reduce Function, which condenses the solution into a single cell.
Let's determine which option emerges as the wiser choice and learn valuable insights along the journey.
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[@Officeinstructor]

Coming Soon

[@alializadeh8195]

When it comes?

[@DiegoHernandezdelprado]

Love how you break down each option clearly-makes decision-making seem like a breeze.

[@Officeinstructor]

Glad you liked it

[@veronicaisidro4424]

It's impressive how this 5-minute video manages to cover such important insights effectively.

[@lucasosorio5866]

The corporate training aspect makes this video relevant to professionals seeking skill enhancement.

[@alializadeh8195]

Thanx

[@IkerAviles-zo8mc]

The way they break down the dilemma into three different methods makes it easy to understand.

[@Miguelito-q2r]

Applying these methods at work tomorrow; thanks for making my job easier

[@EmilioGarcia-di7tj]

perfect blend of finance theory and practical Excel skills in one video.

[@renatasanchez2056]

The LET function explanation was top-notch too!

[@IvanCortinas_ES]

Excellent mathematical game, Nabil. Without a doubt, SCAN and REDUCE serve us in our daily lives. Thanks for sharing friend.

[@Officeinstructor]

Absolutely

[@cristopher3783]

I'll be using the REDUCE function now on!

[@OlivaHernández-l3n]

understanding how to use Excel for making informed decisions can be highly beneficial in various contexts.

[@nadermounir8228]

Lovely mathematical game. Super amazing 😮

[@Officeinstructor]

Thank you 🤗

[@axel245y]

The LET function was a game-changer.

[@aidegamez4853]

I come away with valuable knowledge that actually applies to real life.

[@kurtisgillette]

I think the wording of the question could do with clarification. Do you start with the penny and it is doubled on day one or start with zero and get a penny on the first day?

[@Officeinstructor]

I repeated 4 times in the video: You "RECEIVE".... then ...."Keeps doubling every Day for the NEXT 30 days" which means the day you "Receive" is NOT included in the calculation. If doubling starts the day you RECEIVE the penny that means doubling only 29 times.

[@vaniavillegas-wo2mn]

Millionaire math made easy.

[@IVAN-sc9tk]

Never knew Excel could do this.

[@GeertDelmulle]

Why not simply use the ^-function? This is a simple straight calculation (0.01*2^30), no iteration required.

[@Officeinstructor]

Nice and simple. That would be a 10 seconds tutorial... No monetization 😂😂

[@chandramohan1418]

A lot of new forumals not available even we are 365

[@Officeinstructor]

they will be available to you sooner or later