Check this site for what happens when you double a penny each day.
http://math.rice.edu/~lanius/pro/rich.html
It shouldn't take you long to figure out the nickel problem.
If you start with one penny, and double it each day (1c, 2c, 4c, 8c, 16c...) how many days will it take to reach one million dollars?
Same thing with a nickel (5c, 10c, 20c, 40c...). How many days to reach one million dollars?
1 answer
1 answer