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Take the penny a day doubled every day. The sum would be almost 43,000,000.
$21,474,836.48
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.
The value in dollars will be $0.01 x 229 The number of pennies you will have is 229
The amount is equal about .005e693x. More exactly (at least for the next 30 days), y = .005e69314718058x, where x = amount of days and y = amount you would receive on that day. Also, if you start with 2 pennies then the coefficient would change to .01.
Take the penny a day doubled every day. The sum would be almost 43,000,000.
$21,474,836.48
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.
224, about 16.8 million p.
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.
The value in dollars will be $0.01 x 229 The number of pennies you will have is 229
The amount is equal about .005e693x. More exactly (at least for the next 30 days), y = .005e69314718058x, where x = amount of days and y = amount you would receive on that day. Also, if you start with 2 pennies then the coefficient would change to .01.
On the eleventh day you would have 1,024 pennies, but if you save up all your pennies, you will have 1,023 pennies after being paid on the tenth day
$107 374 182 (slightly more than a hundred million dollars)
It will take about 13 days to make $163. After 30 days you'll have $10,737,418.24
If you start with one penny on day 1, assuming it's not a leap year, you would end the year with $3.65
(2 to the power 32) - 1 pence. £42,949,672.95