Would you take $1 million or a magic penny that doubled in value everyday for 30 days?

[NotAnFBIagent]

If you took a single penny and doubled it everyday, by day 30, you would have $5,368,709.12. However, it's important to note that it's all about the power of doubling - if you asked the same question, but changed the doubling time to just 27 days, you would only have $671,088.64

You come out ahead on the 28th day. You'd have a shyt ton of pennies to deal with though lol

 

[The Prince of All Saiyans]

Can I get some AMC instead?

 

[Kyle C. Barker]

2^(num days)/100


Give me the magic penny

.

 

[Dafunkdoc_Unlimited]

Magic Penny duh

After one month, enjoy your $0.31.

​

 

[Solomon Caine]

The fukk is a penny? How much is that? Sure I’ve heard the term used before. But I have no idea.




The smallest currency where I am is 5 cents. And you hardly see it unless you getting small change.

 

[concise]

The penny.

 

[Ethnic Vagina Finder]

After one month, enjoy your $0.31.

​

The fukk is a penny? How much is that? Sure I’ve heard the term used before. But I have no idea.




The smallest currency where I am is 5 cents. And you hardly see it unless you getting small change.

 

[NotAnFBIagent]

After one month, enjoy your $0.31.

​

You failed 3rd grade math

 

[NotAnFBIagent]

The fukk is a penny? How much is that? Sure I’ve heard the term used before. But I have no idea.




The smallest currency where I am is 5 cents. And you hardly see it unless you getting small change.

1 cent lol

 

[Dafunkdoc_Unlimited]

You failed 3rd grade math

You failed 2nd Grade Reading Comprehension.

1 penny doubled = $.02

Each day, you make an additional $.01 or double the value of the 'Magic' penny. Day 30, you've made $.30 + the $.01 you started with for a grand total of $.31.

Why?

Because the question doesn't state that ALL THE OTHER PENNIES DOUBLE.

Just.....that.....one.​

 

[Gil Scott-Heroin]

After one month, enjoy your $0.31.

​

 

[old pig]

$0.01 doubled every day for 30 days is $10737418.24

 

[Toe Jay Simpson]

This thread got me in tears

 

[EffYou]

This thread got me in tears

Lol I’m out, I see where this heading

 

[NotAnFBIagent]

You failed 2nd Grade Reading Comprehension.

1 penny doubled = $.02

Each day, you make an additional $.01 or double the value of the 'Magic' penny. Day 30, you've made $.30 + the $.01 you started with for a grand total of $.31.

Why?

Because the question doesn't state that ALL THE OTHER PENNIES DOUBLE.

Just.....that.....one.​