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♥ εmιlч ωεmιlч ♥ | Which would you rather: a penny that doubles every day for a month, or £1,000,000? |
Additional Details
28, 29, 30 or 31... you decide =)
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Lamb
|
Well, a penny which doubles every day for 30 days reaches 536870912p which is £5,368,709.12 which is 5 times more so yes please! |
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Ragman
|
Some people's calculations differ to mine but i'll take the doubling penny.....in a 30 day month it would be worth £5,368,238.....in a 31 day month it would be worth £10,736,476.....don't give it to me in February of a leap year though |
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davidosterberg1
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I'd take the penny. In 30 days it would be worth over £5,000,000 |
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Grandad
 |
Take the penny that doubles every day. After 30 days it's worth £5368709.12
In 28 days it's still worth it at £1342177.28 |
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Doug
 |
Do you mean the penny doubles after one day, then that amount doubles the next day ie 1 then 2 then 4 then 8 then 16 etc.? If so I'll take the penny; think it works out at about 5 million pounds after a 30 day month...though I could be wrong; I am getting a bit drunk |
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brittanysbryant@sbcglobal.net
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penny a day!! |
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dels replies
 |
The penny .. havent worked it all out but in the end must be more... |
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Lily R
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I spent an hour last night working that out then my computer broke but I was going to say I'd take the 1p that doubles. |
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reggie
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I have thought long and hard about this question and I have to say that, on balance, I would rather have the£1,000,000 |
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K M
 |
I'll take the penny that doubles if you are offering. I will send you my bank info so you can make the deposit. |
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ziggy bulldust
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if its a 31 day month the penny would do |
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i am jacks fingers
 |
ill take the penny, im pretty patient. |
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tattyhead65
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I think I'd rather have instant gratification rather than have to wait a month. |
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randall_senn
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It depends.
If I thought the person making the offer was good for the million, but not for the 536 million, then I'd take the one million and run.
But, if I thought they'd really honor the deal and hand over 536 million, I'd wait the month and take that. |
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messinger1965
|
A penny a day......... |
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stephenweinstein
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If you mean a British penny, then the penny, because it will be more than £1,000,000 by the end of the month.
If you mean a U.S. penny, it depends on the $:£ exchange rate. |
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techbankguy
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LOLOLOLOL!
My 3rd Grade Mathbook (Written on papyrus given my age!) had that in as an 'insert' story!
You'd want the penny.
I love the question, though, because you put in a US currency with a UK currency outcome.
So... today, a US penny that doubles every day for a month (assuming a 30 day month... and believe me, it makes a big difference), would result in $536,870,912 or 261,295,073 Pounds given todays rate of .4867 US to Pound currency exchange.
Cheers! |
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SunRae
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Bring on the million, I would stick it in a high interest acc at the beginning of the penny month and beat it through the interest rate. Ha! |
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Dixie
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Would that be a 30 day month 31 day month, Feburary with 28days or a leap year with 29? |
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angela n
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100000
it'd take forever to pay off my loans with a penny a day! |
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Nina-chan
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1,000,000 because why would it take a penny that doubles everyday |
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jbm
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it equals the same!! |
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