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

[Bud Bundy]

 

[The Devil's Advocate]

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.​

Dap + Rep

I wondered the title and immediately thought the same way.. The way he worded it, means the PENNY doubles in value each day... Not that the sum of the double, is also doubled.. Not to mention that he doesn't state it compounds each time either...

So in trying to be a smarty art nikka, he fukked up by asking the question wrong, and ruining the whole 2nd grade answer that we all knew if we weren't paying closer attention




EDIT: Nope you're wrong.. He said the value of the penny increases.. Not that the penny doubles.. We back at square one.. They are correct

 

[The Devil's Advocate]

delete

 

[Sensitive Christian Grey]

Where am I supposed to sell the penny

 

[Rozay Oro]

A Penny That Doubles Each Day For A Month Or $1 Million?

 

[Morose Polymath]

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.​

 

[TEH]

Magic penny


Wasn’t that a song?

 

[TEH]

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.​

But you missed the part where it said that

the (single) penny doubled in value … it doesn’t say the penny split and gave you two pennies… if it’s value doubles then it works

 

[Bubba T]

LMAO, people are REALLY making a mountain out of a molehill. It's a simple compound interest problem, and dudes in here jedi mind-tricking themselves

 

[Dafunkdoc_Unlimited]

Dap + Rep

I wondered the title and immediately thought the same way.. The way he worded it, means the PENNY doubles in value each day... Not that the sum of the double, is also doubled.. Not to mention that he doesn't state it compounds each time either...

So in trying to be a smarty art nikka, he fukked up by asking the question wrong, and ruining the whole 2nd grade answer that we all knew if we weren't paying closer attention




EDIT: Nope you're wrong.. He said the value of the penny increases.. Not that the penny doubles.. We back at square one.. They are correct

He said NOTHING about the value being retained each day, breh. Like I said, the question is worded ambiguously.

Think like Wishmaster.

A penny, even 'magic', = $.01.

​

 

[NatiboyB]

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.​

 

[Dafunkdoc_Unlimited]

But you missed the part where it said that

the (single) penny doubled in value … it doesn’t say the penny split and gave you two pennies… if it’s value doubles then it works

I didn't miss anything. If it's value doubles, each day, it's worth $.02 each day. The way you're going is that the additional value is retained which isn't stated. Neither is the original value for that matter. Since neither are stated explicitly, you can go either way on the answer. I went for the semantic pedant answer for laughs rather than 2^30.​

 

[Fade Runner 2049]

This how the Wolf of Wall Street got rich lol

 

[Illuminatos]

nikka said 31 cents.

 

[Striving For Greatness]

not even trying to calculate all those damn pennies


give me the milli