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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

 Dec 1, 2015

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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 

\(\mbox{You start with 1 penny.}\\ \mbox{After 1 day you have 2 pennies. After 2 days 4, 3 days 8, etc.}\\ \mbox{After }n \mbox{ days you have }2^{n} \mbox{pennies.}\) 

 

\(\mbox{If a month has 30 days, then you will have }2^{30} \mbox{pennies.}\\ \mbox{This is }\$10,737,418.24\)

 Dec 1, 2015
 #1
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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.

 Dec 1, 2015
 #2
avatar+6251 
+10
Best Answer

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 

\(\mbox{You start with 1 penny.}\\ \mbox{After 1 day you have 2 pennies. After 2 days 4, 3 days 8, etc.}\\ \mbox{After }n \mbox{ days you have }2^{n} \mbox{pennies.}\) 

 

\(\mbox{If a month has 30 days, then you will have }2^{30} \mbox{pennies.}\\ \mbox{This is }\$10,737,418.24\)

Rom Dec 1, 2015

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