IF i had 1 penny then kept doubling the ammount for a month how much money would I have: EG: 1x2=4 x 2= 8x2 = 16
IF i had 1 penny then kept doubling the ammount for a month how much money would I have: EG: 1x2=4 x 2= 8x2 = 16
\(\mbox{You start with 1 penny.}\\ \mbox{After 1 day you have 2 pennies. After 2 days 4, 3 days 8, etc.}\\ \mbox{After }n \mbox{ days you have }2^{n} \mbox{pennies.}\)
\(\mbox{If a month has 30 days, then you will have }2^{30} \mbox{pennies.}\\ \mbox{This is }\$10,737,418.24\)
I assume you mean "if it doubled every day", and if so, then we have:
(1 X 2^30) - 1 =1,073,741,823 pennies, or =$10,737,418.23 at the end of 30 days.
IF i had 1 penny then kept doubling the ammount for a month how much money would I have: EG: 1x2=4 x 2= 8x2 = 16
\(\mbox{You start with 1 penny.}\\ \mbox{After 1 day you have 2 pennies. After 2 days 4, 3 days 8, etc.}\\ \mbox{After }n \mbox{ days you have }2^{n} \mbox{pennies.}\)
\(\mbox{If a month has 30 days, then you will have }2^{30} \mbox{pennies.}\\ \mbox{This is }\$10,737,418.24\)