Quandaries
and Queries
I am using this as part of a trivia thing and want to be sure I have my numbers correct - Question is - if offered $10,000 or 1 cent on the first day and then doubled daily for one month which would you take ?
Hi Janet,
I would take the second option, even if it were February. I would get 1cent, then 2 cents, then 4 cents, then 8 cents,... These numbers are
1, 2 = 21, 4 = 22, 8 = 23,...
So on February 28 I would get
227 = 134217728 cents or $1,342,177.28
And I wouldn't worry about the first 27 days.
Harley