Tell your boss that, instead of being paid a salary for the rest of your working life, you'll settle for only being paid for one month, and one month only, in the following manner;

On the first day of the month, you only require a pay of 1cent/pence for the day.
On the second day of the month, you only require double that amount - 2cents/pence for the day.
And then, on each day of the month, you'll get double the previous day's money (Day 3 = 4cents/pence. Day 4 = 8cents/pence etc. etc.) for only 30 days. After which, you won't ask for any more pay, ever.

Now, work out how much money you will have received by the end of the month!

Still counting...

This concept was in a question in my 8th grade math placement test.

INSATIABLE said:

MrBliss said:

It WAS!

Still counting...

althom said:

i suck at math, man...

From 1 cent to $5,368,709.12 in 30 days. It sure would be nice

Still counting...









Damn stupid toes and fingers.

heh, heh, heh, I would make sure to start on a month with 31 days. That extra day makes all the difference.

SupaFunkyOrgangrinderSexy said:

And, of course, bear in mind that the previous day (day 29)you would have received half of that amount on top of that, and a half again the previous day...





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[This message was edited Wed Apr 2 15:09:56 PST 2003 by Haystack]

This is what is known as "compound growth".

bkw said:

Tell us more bkw!

2the9s said:

That's about all I know.

bkw said:

I used to have a compound growth on my foot.

It got cured, though.

Haystack said:

I thought you were going to say you had compound growth somewhere else then.

bkw said: