Here is a math/money question! If you got a penny a day.........

United States
September 29, 2008 11:35pm CST
If you made a penny a day and it doubled every day in a year how much would you make? Can you do the math for me? I heard 1 million but i may be wrong. So fill me in on what you come up with and how you figured it out!!!
1 person likes this
3 responses
@curiousman (2427)
• Malaysia
30 Sep 08
You can use geometric series Sn(X) = (1-x^n+1)/(1-x) your n = 365
• Malaysia
30 Sep 08
if n =0 (first day) (1-2^0+1)/(1-2) = 1 cent if n=1 (second day) (1-2^1+1)/(1-2) = 3 cents if n=2 (third day) (1-2^2+1)/(1-2) = 7 cents ... if n=365 ( a year) (1-2^365+1)/(1-2) = 1.5030672529752532658492675819452e+110 cents You are the richest man in the world ...LOL
• United States
30 Sep 08
Thats jibberish to me lol. Math defeciant here.
• Malaysia
30 Sep 08
Sorry. I already added an example for you.
@redchase (347)
30 Sep 08
looking around the internet at people who actually sat down and did the math, it would be waaay more than a million. it would be soo much that the amount of pennies is greater than the mass of earth itself. they say that bout 10 trillion dollars exist in the world in different currencies and even that isnt enough for the double pennies for a year.
@redchase (347)
30 Sep 08
according to the moola page thats based on doubling a penny, in order to get a million you would have to double a penny about 27 times.
• United States
30 Sep 08
i wonder if we can do that on here and just not cash out lol??
• United States
30 Sep 08
I came up with 3.8478521676166483605741250097796e+110. If that helps.... It is pretty large, and I would even be satisfied with a penny doubled two months...
• United States
30 Sep 08
lol how did you come up with that??? thanks for responding!
• United States
30 Sep 08
I used my head!:D Lol, jk, No, I multiplied 0.01 times 2 on the Calculator app in Windows. That's what gave me the answer...