What If a Single Penny Turned Into a Fortune in 30 Days? Prepare to Be Amazed!
If someone gave you a penny and doubled it every day for 30 days, you'd end up with a substantial amount due to the power of exponential growth.
Amount on Day n=0.01×2(n−1)
Amount = 0.01 × 2^29 = 0.01 × 536,870,912 = 5,368,709.12
Here’s the detailed breakdown starting with $0.01 and doubling each day for 30 days:
Day 1: $0.01
Day 2: $0.02
Day 3: $0.04
Day 4: $0.08
Day 5: $0.16
Day 6: $0.32
Day 7: $0.64
Day 8: $1.28
Day 9: $2.56
Day 10: $5.12
Day 11: $10.24
Day 12: $20.48
Day 13: $40.96
Day 14: $81.92
Day 15: $163.84
Day 16: $327.68
Day 17: $655.36
Day 18: $1,310.72
Day 19: $2,621.44
Day 20: $5,242.88
Day 21: $10,485.76
Day 22: $20,971.52
Day 23: $41,943.04
Day 24: $83,886.08
Day 25: $167,772.16
Day 26: $335,544.32
Day 27: $671,088.64
Day 28: $1,342,177.28
Day 29: $2,684,354.56
Day 30: $5,368,709.12
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