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

[detroitwalt]

To $.02 each day. Grand total of $.30 in a month. $.01 for the OG penny and an additional $.01 each day.​

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You gotta just be trolling at this point. There is only 1 penny. That value doubles each day and doesn’t revert to it’s original value of .01

 

[Dafunkdoc_Unlimited]

You gotta just be trolling at this point. There is only 1 penny. That value doubles each day and doesn’t revert to it’s original value of .01

It just states that it's value ($.01) doubles each day. Nothing about retaining that increased value.

​

 

[Absolut da poet ®]

It's value doubles to $.02 each day.

An extra $.01.​

At the beginning of the 3rd day after your 2 cents in total value doubles ..how much is the total now worth ?


Here's the answer (I didn't check this but it looks about right on the surface to me ) ->

Day 1: $.01
Day 2: $.02
Day 3: $.04
Day 4: $.08
Day 5: $.16
Day 6: $.32
Day 7: $.64
Day 8: $1.28
Day 9: $2.56
Day 10: $5.12
Day 11: $10.24
Day 12: $20.48
Day 13: $40.96
Day 14: $81.92
Day 15: $163.84
Day 16: $327.68
Day 17: $655.36
Day 18: $1,310.72
Day 19: $2,621.44
Day 20: $5,242.88
Day 21: $10,485.76
Day 22: $20,971.52
Day 23: $41,943.04
Day 24: $83,886.08
Day 25: $167,772.16
Day 26: $335,544.32
Day 27: $671,088.64
Day 28: $1,342,177.28
Day 29: $2,684,354.56
Day 30: $5,368,709.12

 

[SheWantTheD]

How do y'all be coming up with this shyt

If you’ve ever watched the cartoon Cyberchase or heard about the grain of rice on a chess/checked board story then you’d know where this derived from.

 

[Dafunkdoc_Unlimited]

At the beginning of the 3rd day after your 2 cents in total value doubles ..how much is the total now worth ?

It wouldn't be $.02 that doubles, but $.01.....each day.​

 

[JQ Legend]

I actually calculated this in my head

Got to day 5 and was like
Day 10 still
Day 15
Day 20
Day 23
Day 28

 

[Solomon Caine]

I’m taking the million up front, my peoples need to be fed NOW!!

not in 30 days time.

 

[Arithmetic]

Double $500 for 10 days you will have $500k. Double a penny for 30 days you will have $10 million

 

[NoMorePie]

 

[Coli Bot]

Jay Z would teach me how to network and find more magic pennies and that kind of knowledge is invaluable.

So I'll be taking the dinner.

 

[Hersh]

by @Dafunkdoc_Unlimited logic wouldnt day thirty just be 2 cents?

u said it doubles everyday but doesn't retain value

 

[Dafunkdoc_Unlimited]

by @Dafunkdoc_Unlimited logic wouldnt day thirty just be 2 cents?

u said it doubles everyday but doesn't retain value

Was about to post this EXACT statement word-for-word.​

​

 

[Splash]

@Dafunkdoc_Unlimited
Bro you need to wake up and take the dinner with Jay-Z

 

[MenacingMonk]

5 star fukkery here.

 

[CodeBlaMeVi]

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

Everyday or every second?