Doubling a Penny Every Day for One Month: How Much?

What would happen if you started with one penny and then doubled your money every day for 30 days? Would you have $100? $10,000? More?

#Shorts #Money

[GeneSuen]

Imagine if you get all the money in pennys💀💀

[Moneykingkevo]

It really depends how much you saving a month in order to see gains like that ...once you start making dollars a month you definitely on your way just keep adding

[jermaineadams]

But how would you find all those pennies? 🤔

[BilkMucketYT]

Bro ad asks kid this or a million dollars the kid would probably Choose a million dollars

[King-Monkey]

This is the math for if you could choose between $10 a second for a day or $1M per day:


1 second = $10
60 seconds (1 minute) = $60
60 minutes (1 hour) = $3600
So basically, $3600/hr
24 hours (1 day) = $86, 400
30 days (1 month) = $2.592M, 31 days - $2.6784M
12 months (1 year) = $31.104M
So, we get $31M per year.
However, for $1M for a day,
1 day = $1M
30 days (1 month) = $30M, 31 days = $31M
12 months (1 year) = $360M
So, we get $360M per year.
Even though $360M sounds like a lot, getting $10 every second can help you for anything like groceries, etc. This took me a long time to write, do you think i can get noticed?

[chawil]

Just the right amount I would have. 🤑💲

[Moneykingkevo]

The sooner you put money in there and let it sit and let it compound the better off you will be in 3-5 years...one guy told me he left his money in a high yield savings for 5 years and he getting 543 a month just for letting it compound year after year

[hey_youtubeim_back]

So the only place this really is practical is when asked would you rather have 100, 000 or one penny that doubles every day for 30 days

[DanAMU-ep]

Imagine 30 day comes and you are asked "for one more day double the money or lose it all" what would you do, explain why"

[Death-fm]

1 penny 30 days 30. Cents become its only one penny u have some limited edition pennys or something

[rickynave]

Einstein's eighth wonder of the world

[AuraBearDisciple]

Actually you miscalculated, you would be left with $10, 737, 418.24
The equation is 0.01 • 2^30
What you did was 0.01 • 2^29

[Moneykingkevo]

If you got a savings account with a low APY then create your own APY get multiple savings account and build them up...this video showing you with time you could be a millionaire with good saving habits and it depends on the APY...right now to me it's a good time to get 2 or 3 of them and put over 2k in them

[georgeginel]

£50k, pounds, as counting is in penny’s 😊

[DavidJSmith-hlkb]

WOW!...I WOULD HAVE $5, 368, 709.12...I AM JUST SAYING!...GOD BLESS AMERICA! 😇

BTW!...IF YOU ARE GOING TO DO THIS IN REAL LIFE, YOU BETTER HURRY UP BEFORE THE FEDERAL RESERVES TURNS OUR FIAT PAPER MONEY CURRENCY INTO CENTRAL BANK DIGITAL CURRENCY AKA CBDC!...AFTER THAT THERE WILL BE NO MORE PENNY'S TO DOUBLE!...I AM JUST SAYING!

[Oofqe]

Stacy mc naluty made a book about this

[lorenzamariagarciaandres]

Lie:omg I did the math in my head and I got it right:in reality bro how am I supposed to know that sh##😂😂
💀💀💀👇

[TurnMaster]

This looked like my crypto last bull run !!!

[Woahjerr]

If I had $600, 000 how the hell will I get another $600, 000 to double it 😮

[Taketheredpill]

I wonder what it would be if it happend for one year