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

[EffYou]

I bet he got a up north education (I’m saying New York)

 

[jdubnyce]

Pennies doubling per day ain't shyt

Every second maybe a different story

After one month, enjoy your $0.31.

​

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.​

$0.01 doubled every day for 30 days is $10737418.24

Yoooo

 

[Dafunkdoc_Unlimited]

​

 

[MMS]

magic penny

 

[NotAnFBIagent]

I bet he got a up north education (I’m saying New York)

He wrote all of that confidently too

 

[Geordi]

Show up to the bank with 5 million dollars in pennies brehs

 

[Dafunkdoc_Unlimited]

Because I'm right the way the question is written.

​

 

[Dafunkdoc_Unlimited]

He wrote all of that confidently too

That's what you do when you're right and haven't been proven wrong.

​

 

[NotAnFBIagent]

That's what you do when you're right and haven't been proven wrong.

​

 

[Dafunkdoc_Unlimited]

If you took a single penny and doubled it everyday, by day 30, you would have $5,368,709.12.

Only if the other pennies doubled along with the one you started with.

Otherwise, you only made $.30.

​

 

[NotAnFBIagent]

Only if the other pennies doubled along with the one you started with.

Otherwise, you only made $.30.

​

You really read this whole thread and still don't know that you're wrong

 

[Blankthawtz]

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

Site your sources.....

 

[Dafunkdoc_Unlimited]

You really read this whole thread and still don't know that you're wrong

I'm not wrong, though. Only ONE penny doubles in value, not ALL THE OTHER PENNIES.

Re-write the question.​

 

[NotAnFBIagent]

I'm not wrong, though. Only ONE penny doubles in value, not ALL THE OTHER PENNIES.

Re-write the question.​

Just stop while you're behind

 

[Paper Boi]

give me 1 share of AMC stock

it will be worth than both of those one day

there is no doubt. it's all math.