The Power Of Compound Interest

If You Had The Choice Between Receiving :
1 Million Dollars Immediately
Or
1 Cent Which Doubles Every Day (The First Day Also Doubles) For 30 Days
What Would You Do?

To Find The Value Of The Second Choice, We Can Use The Following Compound Interest Formula:
Cf = Ci *(1+R)^N =0.01*2^30
Where :
Cf = Final Capital
Ci = Initial Capital =0.01
R = Rate =1 (100% each day)
N = number Of Period =30

Below is the value for each step
Day 1 : 0.02 $
Day 2 : 0.04 $
Day 3 : 0.08 $
Day 4 : 0.16 $
Day 5 : 0.32 $
Day 6 : 0.64 $
Day 7 : 1.28 $
Day 8 : 2.56 $
Day 9 : 5.12 $
Day 10 : 10.24 $
Day 11 : 20.48 $
Day 12 : 40.96 $
Day 13 : 81.92 $
Day 14 : 163.84 $
Day 15 : 327.68 $
Day 16 : 655.36 $
Day 17 : 1 310.72 $
Day 18 : 2 621.44 $
Day 19 : 5 242.88 $
Day 20 : 10 485.76 $
Day 21 : 20 971.52 $
Day 22 : 41 943.04 $
Day 23 : 83 886.08 $
Day 24 : 167 772.16 $
Day 25 : 335 544.32 $
Day 26 : 671 088.64 $
Day 27 : 1 342 177.28 $
Day 28 : 2 684 354.56 $
Day 29 : 5 368 709.12 $
Day 30 : 10 737 418.24 $

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[Montagues_plush_universe]

1 million dollars because there’s no such thing as a penny that doubles by its self

[jacksan]

Is this just an example or can it really be achieved from $0.01?

[NotSoUpstandingCitizen]

2^30 is over 10 times more ( or I'm bad at maths )