If you keep doubling it for one month, you will already have 10737413,11 dollars.
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.
If you doubled a penny every day for 64 days, the total amount of money would be $18,446,744,073.71. This is calculated by multiplying 0.01 (the initial penny) by 2 raised to the power of 64 (the number of days). This is an example of exponential growth, where the amount doubles each day, resulting in a massive sum by the end of the period.
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.
Who would be this dumb to ask this?
One saying is "a penny saved is a penny earned".
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
If you double 1 penny each day for 30 days, you would have $5,368,709.12 on the 30th day. This is because the amount grows exponentially, following the formula (0.01 \times 2^{(n-1)}), where (n) is the day number. By the end of the 30th day, the total amount is achieved by doubling the previous day's total each time.
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.
Oh, what a happy little question! If you were to double one penny every day for 100 days, you would end up with over $6.7 million! Isn't that just amazing? Just imagine all the beautiful things you could create with that much money.
If i had to guess it would be on the border of 48 milion might get somewere with that :0