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Double A Penny A Day Equation

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Old 01-09-2009 | 01:43 PM
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Originally Posted by Boomer35
What Is The Equation You Would Use If You Wanted To Figure Out How Much Money You Would Have If You Started On Day One With A Penny, And Doubled Every Day For 365 Days

Ie, Day 1 = 1 Penny, Day 2 = 2 Penny, Day 3 = 4 Penny, Day 4 = 8 Penny
You need to use more of your spare time getting your boat back together and less worrying about pennies Remember you live in Florida now....It's always boating season
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Old 01-09-2009 | 01:56 PM
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If I understand the original question, you're throwing a penny in a jar on day 1. Each following day, you throw in double the amount you did on the previous day.
What you want to know is how much is in the jar after 30 days? If I understood the question right, it's $10,737,418.23.
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Old 01-09-2009 | 02:15 PM
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Originally Posted by Wild
yep, saw it. Left you hanging didnt it?
Yeah, would have been better if it ended in FRANCE though!!
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Old 01-09-2009 | 03:57 PM
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Originally Posted by Boomer35
What Is The Equation You Would Use If You Wanted To Figure Out How Much Money You Would Have If You Started On Day One With A Penny, And Doubled Every Day For 365 Days

Ie, Day 1 = 1 Penny, Day 2 = 2 Penny, Day 3 = 4 Penny, Day 4 = 8 Penny
Boomer said 365 days
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Old 01-09-2009 | 04:19 PM
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Originally Posted by rainmn
What you want to know is how much is in the jar after 30 days? If I understood the question right, it's $10,737,418.23.
Originally Posted by GLH
After 30 Days:
$5,368,709.12
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Old 01-09-2009 | 06:39 PM
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Originally Posted by US1 Fountain
I followed Boomer's progression in what he says after 4 days he has 8 cents... not fifteen as in the other calculation.

As for your editorial without any input;
"In many ways, the work of a critic is easy. We risk very little yet enjoy a position over those who offer up their work and their selves to our judgment. We thrive on negative criticism, which is fun to write and to read. But the bitter truth we critics must face, is that in the grand scheme of things, the average piece of junk is more meaningful than our criticism designating it so."
-Anton Ego

"The poorest way to face life is to face it with a sneer. There are many men who feel a kind of twister pride in cynicism; there are many who confine themselves to criticism of the way others do what they themselves dare not even attempt. There is no more unhealthy being, no man less worthy of respect, than he who either really holds, or feigns to hold, an attitude of sneering disbelief toward all that is great and lofty, whether in achievement or in that noble effort which, even if it fails, comes to second achievement. A cynical habit of thought and speech, a readiness to criticise work which the critic himself never tries to perform, an intellectual aloofness which will not accept contact with life's realities - all these are marks, not as the possessor would fain to think, of superiority but of weakness. They mark the men unfit to bear their part painfully in the stern strife of living, who seek, in the affection of contempt for the achievements of others, to hide from others and from themselves in their own weakness. The rôle is easy; there is none easier, save only the rôle of the man who sneers alike at both criticism and performance.

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat."
-Theodore Roosevelt, April 23rd, 1910






Last edited by GLH; 01-10-2009 at 08:24 AM.
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Old 01-10-2009 | 09:02 AM
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Nice. I guess there is alot of time to read Cruizen around on the MUT.
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Old 01-10-2009 | 09:23 AM
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Originally Posted by oklaoutlaw
Nice. I guess there is alot of time to read Cruizen around on the MUT.
You got it!
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Old 01-10-2009 | 10:05 AM
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[QUOTE=GLH;2774482]I followed Boomer's progression in what he says after 4 days he has 8 cents... not fifteen as in the other calculation.

As for your editorial without any input;
"In many ways, the work of a critic is easy. We risk very little yet enjoy a position over those who offer up their work and their selves to our judgment. We thrive on negative criticism, which is fun to write and to read. But the bitter truth we critics must face, is that in the grand scheme of things, the average piece of junk is more meaningful than our criticism designating it so."
-Anton Ego

"The poorest way to face life is to face it with a sneer. There are many men who feel a kind of twister pride in cynicism; there are many who confine themselves to criticism of the way others do what they themselves dare not even attempt. There is no more unhealthy being, no man less worthy of respect, than he who either really holds, or feigns to hold, an attitude of sneering disbelief toward all that is great and lofty, whether in achievement or in that noble effort which, even if it fails, comes to second achievement. A cynical habit of thought and speech, a readiness to criticise work which the critic himself never tries to perform, an intellectual aloofness which will not accept contact with life's realities - all these are marks, not as the possessor would fain to think, of superiority but of weakness. They mark the men unfit to bear their part painfully in the stern strife of living, who seek, in the affection of contempt for the achievements of others, to hide from others and from themselves in their own weakness. The rôle is easy; there is none easier, save only the rôle of the man who sneers alike at both criticism and performance.

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat."
-Theodore Roosevelt, April 23rd, 1910




That was DEEP..
I had to read that twice!!
And old Ted thought that up in 1910... He must not have had boat!!

Wow :ernaehrung004
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Old 01-12-2009 | 08:55 AM
  #20  
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Originally Posted by drseuss
It's an exponential growth function.

y = 2^(x-1) where x is the day - starting with 1 penny on day 1 - and y is the number of pennies you would have on that day.
plus all the previous days.

2^365 -1
On the last day you have 2^364 and all the other days combine equals 1 less then double that.

Last edited by LostinBoston; 01-12-2009 at 09:17 AM.
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