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If i give you one penny one day two the next day and keep doubling it for one month how much money would it equal?
Wiki User
∙ 8y ago
Assume that you will take this out to 30 days - the daily totals are as follows.
Day 1: $.01
Day 2: $.02
Day 3: $.04
Day 4: $.08
Day 5: $.16
Day 6: $.32
Day 7: $.64
Day 8: $1.28
Day 9: $2.56
Day 10: $5.12
Day 11: $10.24
Day 12: $20.48
Day 13: $40.96
Day 14: $81.92
Day 15: $163.84
Day 16: $327.68
Day 17: $655.36
Day 18: $1,310.72
Day 19: $2,621.44
Day 20: $5,242.88
Day 21: $10,485.76
Day 22: $20,971.52
Day 23: $41,943.04
Day 24: $83,386.08
Day 25: $167,772.16
Day 26: $335,544.32
Day 27: $671,088.64
Day 28: $1,342,177.28
Day 29: $2,684,354.56
Day 30: $5,368,709.12
The total amount of money, summed over days 1 through day 30 would be:
$10,737,418.23
you had forgotten to subtract 1 above now correct 2 to the 30th also gives what would be received on 31st day then minus 1 gives total of every day previous
This follows a simple relationship of : (2n - 1) / 100
- where n is the number of days, this will yield the dollars generated at n days.
Wiki User
∙ 8y ago
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If i give you one penny one day two the next day and keep doubling it for one year how much money would it equal?
If you keep doubling it for one month, you will already have 10737413,11 dollars.
What does doubling a penny a day for a year equal?
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.
What is better getting 100000 at once or getting a penny whose sum is doubled everyday for 31 days?
Take the penny a day doubled every day. The sum would be almost 43,000,000.
What is the metric prefix that is equal to a penny?
cent
Does 0.005 equal 5 cents?
No. Money is based off of a hundredth's scale. 1 penny is .01 (1 hundredth of a dollar). So 5 cents is represented as .05 hundredths.
If i give you one penny one day two the next day and keep doubling it for one year how much money would it equal?
If you keep doubling it for one month, you will already have 10737413,11 dollars.
What does doubling a penny a day for a year equal?
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.
If you double a penny on day1 how many money will you have at the end of the month?
2p
What is the math equation to support this answer. a penny that doubles daily for 30 days?
The math equation to calculate the amount of money after 30 days with a penny doubling daily can be expressed as: Amount = 0.01 * (2^30) In this equation, "2^30" represents 2 raised to the power of 30 (i.e., doubling daily for 30 days). The result will give you the amount of money accumulated after 30 days.
What is doubling stamp on a 1969s penny?
If I understand this question, the date, LIBERTY and IN GOD WE TRUST clearly show doubling on the 1969-S double-die.
What is a 1972 doubling penny worth?
Current retail is $200 to $250 depending on condition.
What is the misprint on the penny that makes iut so valuable?
On the 1969 S penny a doubling of the print makes it very valuable ($35 000)
How much is one yen in American money?
it's still one yen
What does a 1958 double die wheat penny look like?
It has doubling in liberty and in god we trust and there only 2 unowned
If you have 1 penny and it doubles each day for a month how much money will you have?
The zero day you have one penny, then you will have 2^(month's days) at the last day month. if d is for a given number of days, and m is the amount of money, then you will have m * 2^d ie 100 bucks at the day 0, and it doubles each day, you will have 100 * 2*2*2 at the third day , or day 3, that is 800 bucks
What is better getting 100000 at once or getting a penny whose sum is doubled everyday for 31 days?
Take the penny a day doubled every day. The sum would be almost 43,000,000.
If you doubled one penny for 100 days?
If you keep doubling the total, at the end of one day you'd have two cents. At the end of the first week, you'd have $1.28. At the end of 100 days, you'd be wealthy beyond your wildest dreams. If you keep doubling the same penny, at the end of 100 days you'd have a couple bucks.
