If you keep doubling it for one month, you will already have 10737413,11 dollars.
21700
Assuming 365 days: Doubling a penny 365 days means you would have 2365 pennies after 365 days. That's something on the order of 3.76 x 10109 cents, which is about $3.76 x 10107 in cold, hard American cash.
Take the penny a day doubled every day. The sum would be almost 43,000,000.
$2612.00 dollars
You would get well over a trillion dollars. No lies.
its obvious, quarters
Assuming 365 days: Doubling a penny 365 days means you would have 2365 pennies after 365 days. That's something on the order of 3.76 x 10109 cents, which is about $3.76 x 10107 in cold, hard American cash.
One saying is "a penny saved is a penny earned".
Who would be this dumb to ask this?
Take the penny a day doubled every day. The sum would be almost 43,000,000.
I'm not completely sure but I think it's like this. Doubling 1 would be 2. Doubling 2 would be 4. Doubling 4 would be 8. Doubling 8 would be 16. Doubling 16 would be 32. Doubling 32 would be 64. (
Well, doubling your penny could be expressed as 2d where d equals the amount of days you have been doubling. So a year would be 2365 or 7.51533626 X 10109 (109 zeroes). This equates to $751,533,626,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000, 000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000.00 I'm pretty sure that's more than a google. BUT WAIT: THERE'S MORE! If you keep the money from each day, you would need to turn this into a permutation. This means its 2365 X 2264 X 2363X 2362... all the way to 21. This is way too much money and I don't even think there is a name for this number.
224, about 16.8 million p.
in an American currency shop
There are 100 British Pence in One British Pound. If you refer to predecimal British currency, 100 old pence would equal 8 Shillings and 4 Pence.
If i had to guess it would be on the border of 48 milion might get somewere with that :0
the velocity is decreased
It is not wise to invest a large sum of money in penny stocks, since it is easy for the investments to go bad and one would then lose a lot of hard-earned money.