Problem of the Week #4: The Penny Problem
Suppose you put 1 penny in your piggy bank on the first day of the month. On the second day, you put 2 pennies in, 4 pennies on the third day, etc. Each day double the previous day’s amount.
How much would you have saved after 31 days?
How much would you have saved after 31 days?


Allright.... This is a huge number:
2,147,483,647 pennies
or
21,474,836.47 dollars
I doubled the amount of pennies that were put into the piggy bank up to day 31. Then, I added all of my numbers together to get the total amount of pennies inside the piggy bank.
Posted by
Anonymous |
10/17/2005 8:52 PM
After 31 days I would haved saved 21,424,836.47 dollars, in pennies that 2,147,483,647 pennies. How I got that was I doubled the amount of the pennies each day to the previous day up to the 31 day. After that I added them all up and got the total number of pennies in the piggy bank.
Posted by
Anonymous |
10/18/2005 6:09 PM
We got 2,147,483,648 pennies. $21474836.48
2 * x = xPennies
that is the formula we used to find out the solution.
Cursti & Meghan
Period 6
Posted by
Anonymous |
10/19/2005 9:34 AM
i doubled the number of pennies for eachday and i ended up with
1073741824 Pennies or $10737418.24
Posted by
Anonymous |
10/19/2005 2:55 PM
if i did that for 31 days i would end up with 2,147,483,647 pennies in dollars that would be $21,474,836.47
Posted by
Anonymous |
10/19/2005 7:05 PM
Ok I got this I doubled the pennies until day 31 and added up all my numbers.My final answer 2,147,483,648 pennies or $21474836 dollars.I tried to make up a equation but... I hope this is right.
Posted by
Anonymous |
10/19/2005 8:08 PM
The answer I came up with was $10,737,418.24 or 1,073,741,824 pennies. I multiplied every number [or day] I got by 2 [or doubled it] till I got up to the 31st day. That's a lot of pennies!
Chao!
Posted by
Anonymous |
10/19/2005 8:10 PM
I went 1+1+2+4+8+16+32, and on till day 31, i double each number and i went all the way till 2,147,483,647 pennies!
Posted by
Anonymous |
10/20/2005 9:11 PM
Each day I multiplied the previous days # of pennies by 2 untill on the 31 day I had $10,737,418.24 or 1,073,741,824 pennies. Good grief, why would anyone only collect in pennies!?
Posted by
Anonymous |
10/20/2005 9:27 PM
If i did that for 31 days total i would end up with 2,147,483,647 pennies. That's a lot of money!
Posted by
Anonymous |
10/26/2005 6:32 PM
2,147,483,648 = how many pennies you would save over 31 days
2 times x=pennies is what i used
Posted by
Anonymous |
10/27/2005 9:42 AM
2,147,483,648 = how many pennies you would save over 31 days
2 times x=pennies is what i used
Posted by
Anonymous |
10/27/2005 9:42 AM
2,147,483,648 = how many pennies you would save over 31 days
2 times x=pennies is what i used
Posted by
Anonymous |
10/27/2005 9:44 AM
At first i got 1073741824 pennies on day 31, but then that would be how many pennies i added to my piggy bank on that day so then i added up all the numbers and i got the biggest number i have ever calculated : 2,757,464,127
Posted by
Anonymous |
11/03/2005 8:45 PM
The correct answer for this POW is $21,474,836.47. Become a millionare in 1 month!
Posted by
Anonymous |
11/07/2005 12:01 AM
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