Double a penny 30 days

consciousnesscreates

consciousnesscreates

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

A million dollars


Any ideas how to double a penny for 30 days?


:eek::eek::eek:
 
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Well today, ask someone for 2 pennies, tomorrow, ask someone for 4...etc...
 
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
 
fbpages said:
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
Click to expand...

Sorry I meant a dollar

I have never been good at maths

I'm the musical game making creative type
 
consciousnesscreates said:
Sorry I meant a dollar

I have never been good at maths

I'm the musical game making creative type
Click to expand...


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
 
fbpages said:
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
Click to expand...

lol, that confused me for real.
 
If you start with 1 dollar and double the money for 30 days you get $536 millions at the end haha
 
just find a payment processor that allows for exponentially increasing rebills.

soooo many people would fall for it. :)
 
Whatever I said its a lot of cash so lets get thinking and posting how to do it each day!
 
ITs like Who wants to be a Milionaire

Your not scared to double small money but when it becomes big you chicken out
 
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
 
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
ajcomputerdoc said:
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
Click to expand...
 
ajcomputerdoc said:
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
Click to expand...


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:
Wow... really guys? You couldn't figure that one out? Have none of you finished high school?
 
another MATH FAIL thread on BHW lolololol.

i seriously have been LOLing these past few days at how many idiots post here.
 
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..
 
LeBJon said:
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..
Click to expand...

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.
 
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..
Click to expand...
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.
 
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