Double a penny 30 days

Double a penny for 30 days and what do you get? A million dollars Any ...
1. Double a penny 30 days

Double a penny for 30 days and what do you get?

A million dollars

Any ideas how to double a penny for 30 days?

2. Re: Double a penny 30 days

Well today, ask someone for 2 pennies, tomorrow, ask someone for 4...etc...

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Re: Double a penny 30 days

thats not true... if you double a penny for 30 days you get 60 cents

if you start with 1 penny and double the money for 30 days then you get way over 1 million

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5. Re: Double a dollar 30 days

Originally Posted by fbpages
thats not true... if you double a penny for 30 days you get 60 cents

if you start with 1 penny and double the money for 30 days then you get way over 1 million
Sorry I meant a dollar

I have never been good at maths

I'm the musical game making creative type

6. Re: Double a penny 30 days

I think you get like \$5+ million

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Re: Double a dollar 30 days

Originally Posted by consciousnesscreates
Sorry I meant a dollar

I have never been good at maths

I'm the musical game making creative type

if you double 1 dollar every day for 30 days you still only get 60 dollars lol

but if you meant you start with 1 dollar and double the money for 30 days thats another story and no you end up with way more than 10 million if you start with 1 dollar

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Re: Double a dollar 30 days

Originally Posted by fbpages
if you double 1 dollar every day for 30 days you still only get 60 dollars lol

but if you meant you start with 1 dollar and double the money for 30 days thats another story and no you end up with way more than 10 million if you start with 1 dollar
lol, that confused me for real.

9. Re: Double a penny 30 days

If you start with 1 dollar and double the money for 30 days you get \$536 millions at the end haha

10. Re: Double a penny 30 days

just find a payment processor that allows for exponentially increasing rebills.

soooo many people would fall for it.

11. Re: Double a penny 30 days

Whatever I said its a lot of cash so lets get thinking and posting how to do it each day!

12. Re: Double a penny 30 days

ITs like Who wants to be a Milionaire

Your not scared to double small money but when it becomes big you chicken out

13. Re: Double a penny 30 days

something maybe more doable..save the amount of the day of the year:

day 1 - .01
day 2 - .02
day 3 - .03
.
.
day 31 - .31
.
.
.
day 365 - 3.65

i think you end up with 600.00

14. Re: Double a penny 30 days

LOL

:d:d:d:d:d:d:d:d:d:d:d:d:d:d:d:d:d:d:d:d:d:d:d:d:d :d:d
Originally Posted by ajcomputerdoc
something maybe more doable..save the amount of the day of the year:

Day 1 - .01
day 2 - .02
day 3 - .03
.
.
Day 31 - .31
.
.
.
Day 365 - 3.65

i think you end up with 600.00

15. Re: Double a penny 30 days

Originally Posted by ajcomputerdoc
something maybe more doable..save the amount of the day of the year:

day 1 - .01
day 2 - .02
day 3 - .03
.
.
day 31 - .31
.
.
.
day 365 - 3.65

i think you end up with 600.00

Ummm... Ugh.... I think it's a little bit more than that. Heres all the calculations posted from Excel. Assuming a 31 day month. I think the OP meant doubling the current amount, starting out with only doubling a penny.

0.01
0.02
0.04
0.08
0.16
0.32
0.64
1.28
2.56
5.12
10.24
20.48
40.96
81.92
163.84
327.68
655.36
1,310.72
2,621.44
5,242.88
10,485.76
20,971.52
41,943.04
83,886.08
167,772.16
335,544.32
671,088.64
1,342,177.28
2,684,354.56
5,368,709.12
10,737,418.24
Last edited by Chronos; 10-06-2010 at 10:08 PM.

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consciousnesscreates (10-07-2010)

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Re: Double a penny 30 days

Wow... really guys? You couldn't figure that one out? Have none of you finished high school?

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Re: Double a penny 30 days

another MATH FAIL thread on BHW lolololol.

i seriously have been LOLing these past few days at how many idiots post here.

19. Re: Double a penny 30 days

Half the people on this forum are on some island, No teachers, No Schools.

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tacopalypse (10-07-2010)

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Re: Double a penny 30 days

a better question would be:

would u rather have:

1) \$100,000 Today...

2) \$1 Today... but have it double everyday for 20 years...

same idea like when u win the lotto they ask u do u want ur prize cash but taxed 33% right now... (California Law) or do u want the full amount but over 30 years..

22. Re: Double a penny 30 days

Originally Posted by LeBJon
a better question would be:

would u rather have:

1) \$100,000 Today...

2) \$1 Today... but have it double everyday for 20 years...

same idea like when u win the lotto they ask u do u want ur prize cash but taxed 33% right now... (California Law) or do u want the full amount but over 30 years..
1\$ everyday doubled for 20 years would be all the money, resources in the world 1 billion times over.

That's 7200 days over a 20 year period. lol wow.

Just 365 days doubling a dollar for a year (365 days) is 3.7577 x 10^109, which is more than all the economies GDP's combined 100x over (at least).

This expressed decimally is 3,757,7 with 105 more zeros after that.

As noted, that's only after doubling a dollar a day for 365 days.

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Re: Double a penny 30 days

same idea like when u win the lotto they ask u do u want ur prize cash but taxed 33% right now... (California Law) or do u want the full amount but over 30 years..
Not really. It's a 33% dock to take it all at once, but if you wait it's not going to start exponentially doubling.

Say you win \$1 million. You could do a lot more with \$666,666 coming in all at once than you could with \$50,000/yr - and, that \$50k would still be taxable income (at least at the fed level), so you wouldn't really be seeing all of that.

When those \$50k checks stop coming, the last thing you're going to want to do is go back to work. It's therefore likely to be better to take the lump-sum and invest it (prudently); that way you can be getting interest checks forever.

Some joker is likely to say that the winner could keep working while getting the \$50k checks and invest those, but for the 99% of people who'd instantly quit doing whatever they had been, investing the lump sum is probably going to turn out a lot better.

24. Re: Double a penny 30 days

If I won the lottery, I would spend 25% on whatever I wanted, take 25% and use it to invest on the net, and lay the other 50% in a good bank account.

The interest alone off of 50mil or so would be ridiculous each year.

25. Re: Double a penny 30 days

take a single atom and double it every day for an entire year and you've exceeded the size of the known universe.

exponential growth is serious business folks :|

26. Re: Double a penny 30 days

Id say the easiest way to double your penny everyday is play roulette, just hope that you are reallllllly lucky since that game has the worst odds in the casino.

27. Re: Double a penny 30 days

Nah not me

Expensive cars dont give me any buzz at all

Houses are of course an investment

but the thing is how DO you double a dollar for 30 days?
Also as I said earlier, would you have the nerve when the profit gets BIG AKA Who wants to be a Millionaire
Who wants to double a dollar for 30 days

Hey thats a great TV show pitch of course its exactly same as WWTBA Millionaire- BUGGER

Originally Posted by \$\$Money\$\$
take that 100mil, buy a cd for 10 years. At the end of 10 years you have made about 33million dollars in interest.

But not sure why anyone would even need over 25 million dollars. Even living a rich lifestyle, you would spend about 200-300k on a brand new car, about 3-4 mil on a house, ant like 100-200k on some gadgets/clothing/food/etc..

with taxes an all that would come out probably like 10 million dollars max from up front. Then every year you would pay like <100-200k to maintain it. Meaning 25mil should last you for a lifetime. Unless you buy like 10 cars and 10 houses and shit, in which case you deserve to go bankrupt.

And if you live as a normal person with a 50-100k car, a 500k house, and yearly expenses of about 50-100k, then you shouldn't even need more than like 10-15mil for a lifetime.
Last edited by consciousnesscreates; 10-07-2010 at 07:05 PM.

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