# Which would you rather have \$1000000 or a penny doubled every day for 30 days?

1. 81
flacoinohioposted 6 years ago

Which would you rather have \$1000000 or a penny doubled every day for 30 days?

The amount of money each day doubles for those who don't understand the question.  1 cent on day one, two on day two, four on day three, eight on day for, and so on and so forth.

2. 60
Don Simkovichposted 6 years ago

I'll take the \$ 1,000,000. I prefer to keep it nice and simple!

3. 95
DzyMsLizzyposted 6 years ago

Take the penny doubled daily--you end up with way more than a measly million..In fact, when I tried to figure this one out years back on one of the first hand held calculators--it filled up the screen with an overflow error code--the calculator couldn't handle that many digits.
On the first day, you'd earn a penny; on day 2, 2 cents, on day 3, 4 cents, and so on, until by day 20, you'd have  You'd have somewhere around \$524,288 for a single day's work, and by the 30th day, \$536,870,912--for a single day's work.  Add it all up, and you could comfortably retire on a single months' wages!

4. 78
kayyluhposted 6 years ago

I want to say the million...but something is telling me the pennies are the way to go!

5. 60
Insane Mundaneposted 6 years ago

One million dollars for me would be plenty, but it would depend on whether you want it RIGHT NOW or not because......

A penny doubled every day for 30 days would be 1 cent + 2 cents + 4 cents + 8 cents + 16 cents + 32 cents + 64 cents + \$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 + \$1,342,177.20 + \$2,684,354.40 +  \$5,368,708.80  = a grand total of \$10,737,417.47!

Even if my math was slightly off, it would still be a lot more money to wait for the penny to double every day for 30 days and get 10+ times more money!  Personally, I'll take the one million dollars RIGHT NOW, since patience is definitely not my forte...

6. 83

Insane already did the math and posted it before I could.  I would definitely take the penny doubled up.  Even though it would be difficult to wait for it, I could make myself wait the 30 days for that much money!

7. 92
Faceless39posted 6 years ago

The \$10,000,000's worth of pennies.. duh!

8. 0
theking2020posted 6 years ago

The penny double every day for 30 days of course.

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