Would you rather have a million today or

A penny (0.01) doubled for the next 30 days?... Write me in the comments below what you would prefer and why πŸ€”

@Yaraye since you hate math I would specifically like to hear out your opinion πŸ˜…πŸ˜…
 

Yaraye

VIP
:hillarybiz:
04CE6A61-B936-46DA-9FE7-5933D4CA8568.jpeg
:mjswag:
 
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Omar del Sur

RETIRED
VIP
checkmate, math- my old nemesis :cool:

chatGPT:

If you were to double a single penny every day for 30 consecutive days, the total amount of money accumulated would be astounding. The concept of exponential growth is exemplified in this scenario, where the value of the penny doubles each day, resulting in an increasingly significant sum of money.

On the first day of doubling, the total amount would be a mere 2 cents. However, this total amount would double each day thereafter, growing to 4 cents on day two, 8 cents on day three, and so on. Progressing through the 30 days of doubling would result in a total sum of $5,368,709.12.

The rapid acceleration of value is due to the compounding effect of doubling each day. This results in a total value that is nearly 500,000 times greater than the initial value of a single penny.

While the concept of doubling a penny every day may seem trivial, it is crucial to note the power of exponential growth. This concept is significant in the world of finance and economics, where small investments can grow into significant sums of money over extended periods.

Overall, the 30-day experiment of doubling a penny each day highlights the importance of investing, patience, and the power of exponential growth. It serves as a clear demonstration of how small changes in value can impact significant returns in the long run.
 
why use brain power when i can just google?
Think About It GIF by Identity
You automated the whole thinking process, that's kinda smart in it self but what if one day technology is not available and we are under attack by blood thirsty zombies, you gonna try and Google how to escape? 🀣 🀣
 
A penny (0.01) doubled for the next 30 days?... Write me in the comments below what you would prefer and why πŸ€”

@Yaraye since you hate math I would specifically like to hear out your opinion πŸ˜…πŸ˜…
A million,
if you say a penny you are stupid
thats just 2 to the power of 30, i dont know hat it is but its deffo less than a million
 

Yaraye

VIP
You automated the whole thinking process, that's kinda smart in it self but what if one day technology is not available and we are under attack by blood thirsty zombies, you gonna try and Google how to escape? 🀣 🀣
what's the use of money in a zombie attack? food/supplies will be currency! :mybusiness:
 

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