Puzzle – 4 Bugs chasing each other
February 21, 2010 – 7:37 pmSay there are four bugs standing at the corners of an imaginary 1m * 1m square. Each of the bugs is facing the bug that is on the adjacent, clockwise corner from where they are.
At the same instant, each of the four bugs starts walking directly towards the bug they are facing at 1m per hour, and keeps walking directly towards that bug as that bug itself starts moving. So the four bugs spiral towards the center of the square in a clockwise direction.
How long does it take for the four bugs to meet?
It’s clear that the bugs will meet at the center of the square. The insight needed is that the bugs effectively stay in a square formation – a shrinking and spiraling square, but a square that is always centered on the original center. So regardless of where the bugs are in their spiral towards the center, they will always be moving 45 degrees to a line connecting where they are to the center.
Once you get your head around this, solving the problem is simple geometry based on the effective velocity towards the center:

The total distance towards the center from the starting position is: 
So it will take 1hr for the bugs to meet in the center.
Another way to think about this is that if you draw the square so it looks like a diamond and focus on the bug in the top corner, you’ll see pretty clearly that the line starting at the top corner and going 45 degrees from a vertical line down to the center, and ending so it’s horizontally level with the center is effectively a side of the diamond, which is one meter, and would take 1hr to walk.
There’s a way to arrive at the answer to this problem instantly and with no calculations – but does require somewhat of an a-ha moment.
A bug’s movement towards the bug it’s following is always perpendicular to the motion of the followed bug. So in effect the movement of the followed bug has no effect on how far the follower has to travel to reach it or how long it will take, so the follower has to travel 1 meter, and will catch up to the followed bug in 1 hr. A-ha!

the length of shared highway in the middle. So the total length of the road will be:

is the shortest. So we can differentiate 









.








(where r equals the 2 year discount factor)
or 6.03%
(where r equals the 3 year discount factor)
or 7.097%
where
is the forward rate for the second year 
is that:

represents the number of compounding periods. Given normal conventions, this is typical represented as
where m is months (or other periods – it represents how many chunks we divide the year into for receiving interest payments) and Y is years. Also, the
(or rate) above is normally quoted in years, so we should divide this by the months:
.
is as high as possible, converging on
.
and we would get:
![FV = PV * [\lim_{x\to\infty} (1+\frac{1}{x})^{x}]^{RY}](http://rebrained.com/wp-content/plugins/cache/tex_88813b227ec8bd7f83ad222d84044511.gif)




, his second toss
, his third
. So we can see that on his nth toss, his probability will be
with n starting at 1.
. 
.
with n starting at 0. Since n starts at 0, we need to get this into the form:
. Expanding as above:
.