If I gave you a penny today, and double the amount you have the previous day, for 30 straight days, how much will you have?
2006-06-28 05:45:48 · 23 answers · asked by Not_Here 6 in Entertainment & Music ➔ Other - Entertainment
10 points for the first correct answer, and I see one........
2006-06-28 06:00:11 · update #1
You would have $5,368,709.12. The formula is:
amount=2^(days-1).
2006-06-28 05:50:41 · answer #1 · answered by Loren J 2 · 13⤊ 2⤋
More than five million dollars.
Actually, here is the exact number - $5,368,709.12
If you put 0.01 in cell A1 of in excel, then in Cell A2 put =sum(a1*2), then drag it all the way down to line 30, you get 30 days - each previous cell is doubled.
It was fun to trip some of you up into changing your answer!
2006-06-28 12:47:33 · answer #2 · answered by Fun and Games 4 · 0⤊ 0⤋
sounds like a compound interest foumula here
A = P(1+r/n) power of Nt
anyway
A = 0.01 (1 + (2/ (1) pow 30
A = 20589113209.4649 dollars
it sounds stupid but i think this the right number. correct me if i am wrong.
2006-06-28 13:07:37 · answer #3 · answered by ek_is_jou_pa 2 · 0⤊ 0⤋
Because you didnt give me any, and wont (you used if in the past) so after 30 days I have nothing.
2006-06-28 12:49:46 · answer #4 · answered by ? 4 · 0⤊ 0⤋
90 cents
2006-06-28 12:52:40 · answer #5 · answered by cupcake9089 2 · 0⤊ 0⤋
31 cents
2006-06-28 12:50:38 · answer #6 · answered by lidipiwi 4 · 0⤊ 0⤋
90 cents
2006-06-28 12:47:28 · answer #7 · answered by Backwoods Barbie 7 · 0⤊ 0⤋
i hate math... either a lot or not, either way they're pennies and i probably wouldn't get much more then a dollar.
2006-06-28 14:04:29 · answer #8 · answered by Ynenoi 3 · 0⤊ 0⤋
you tell me! you are the one that come up with the problem in the first place! LOL
2006-06-28 12:50:01 · answer #9 · answered by homicyde4life 4 · 0⤊ 0⤋
1,073,741,824 pennies. i used a calculator. or i counted wrong.
2006-06-28 12:51:31 · answer #10 · answered by ? 2 · 0⤊ 0⤋