Widow's Mite Research Paper

Words: 697
Pages: 3

The story of the Widow’s mite goes that Jesus was teaching in the Temple in Jerusalem and observing his flock. At this worship service he witnesses a poor woman who gives two mites during the offering period. Jesus notices her because of all the people that came and gave in abundance; she gave all she had, which was, two mites. Moreover, He was in awe of her giving: her faith was on full display. The widow’s investment in her future started when she gave what she could not afford to give. The story teaches that God sees what man overlooks and God knows what is in the heart of all his children. Mark 12:42, “But a poor widow came and put in two very small copper coins, worth only a few cents.” If everyone had the faith of this widow and …show more content…
The "mite" or "pruta" was the smallest of the bronze coins in Jewish currency. The smallest bronze coins in circulation at the time were the pruta coins of the Hasmonean (Maccabean) dynasty. Each region determined the value of the coins that were being used in their settlement. In Matthew 10:29 it describes the coins as a “Greek assarion, i.e., a small as, which was a Roman coin equal to a tenth of a denarius or drachma, nearly equal to a halfpenny of our money.” For example, the mite’s worth can be calculated at .01cents at this time in history. For the widow to tithe this amount of money: it showed her faith in …show more content…
The principal 0.02, the interest rate 4% and the number of years being 2000 then, A=0.02(1+04/1)2000. The first step is figuring out the interest rate divided by the number of times the interest is compounded per year, (1+0.04/1) which is 1.04. The second step is to multiply that by the number of years, 1.04x2000. The last step then is to multiply those numbers by the principal. The equation would look like this: A=\$0.02x (1+ [0.04/1]) )2000 = \$23,318,928,630,045,584,112,526,138,676,346,880, this investment would make her a very wealthy woman today. Her initial investment was insignificant in today’s world. However, the act of giving what she could not afford, she was not only securing for her financial future, but she was investing in her Heavenly future as well. Compared to others that gave, she did not give as much, but she did give all that she