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What is the total amount if you double one cent each day for 30 days?
Wiki User
∙ 12y ago
Assuming that you have 1 cent before you start, and for each of the following 30 days double the number of cents, you would have 230 cents on the 30th day. In the US, this would be $10,737,418.24 USD on the final doubling.
If you keep the cents as they are doubled, then the total for all 30 days, plus your original 1 cent, will be (231 - 1) or $ 21,474,836.47 USD in all.
Wiki User
∙ 12y ago
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