1 penny a day doubled everyday for 7 days or 1 dollar for up front.

United States
December 8, 2006 6:58pm CST
Which would you rather have and why?
1 response
@rjbass (1425)
• United States
9 Dec 06
Money - Let's make lots on money
This is kind of a simple math question. There are 2 answers:1. I would take the $0.01 a day if the doubled amount from the previous day was cumulatively doubled (does that make sense?) because over a 7 day period, the total amount would equate to $1.27. 2. If it was a penny a day for 7 days doubled, I would take the dollar over $0.14.
• United States
9 Dec 06
The first thing that you said is what I meant. Oh and by the way it would be a 1.28 not a 1.27 lol
@rjbass (1425)
• United States
9 Dec 06
Ooops, thanks for the correction :)