I knowingly added this question because it's equivocal. I saw the question somewhere and solved it only for the publisher to tell I was wrong. Solved it another way and got a different answer (correct according to the publisher). I included the two answers in the options!
First Answer Difference between 15 and 7 = 8 Difference between 31 and 15 = 16 So, the series is n + (8 x y). Where y > 1 and n = previous number and y = position of previous number
I knowingly added this question because it's equivocal. I saw the question somewhere and solved it only for the publisher to tell I was wrong. Solved it another way and got a different answer (correct according to the publisher). I included the two answers in the options!
First Answer Difference between 15 and 7 = 8 Difference between 31 and 15 = 16 So, the series is n + (8 x y). Where y > 1 and n = previous number and y = position of previous number
So, answer = 31 + (8 x 3) = 31 + 24 = 55
Second Answer 15 = (7 x 2) + 1 31 = (15 x 2) + 1
So, answer = (31 x 2) + 1 = 63
Answer: both 55 and 63 are correct
BY Riddles Repository - Answers
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Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
If riding a bucking bronco is your idea of fun, you’re going to love what the stock market has in store. Consider this past week’s ride a preview.The week’s action didn’t look like much, if you didn’t know better. The Dow Jones Industrial Average rose 213.12 points or 0.6%, while the S&P 500 advanced 0.5%, and the Nasdaq Composite ended little changed.
