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A Penny Doubled Every Day For A Month

Posted 10-09-2010 at 09:49 PM by Tekmnd [Show Appreciation] What's This?
Updated 10-10-2010 at 03:12 AM by Tekmnd

This is a very powerful example of compounding-

A Penny Doubled Every Day For A Month

Day 1: $.01
Day 2: $.02
Day 3: $.04
Day 4: $.08
Day 5: $.16
Day 6: $.32
Day 7: $.64
Day 8: $1.28
Day 9: $2.56
Day 10: $5.12
Day 11: $10.24
Day 12: $20.48
Day 13: $40.96
Day 14: $81.92
Day 15: $163.84
Day 16: $327.68
Day 17: $655.36
Day 18: $1,310.72
Day 19: $2,621.44
Day 20: $5,242.88
Day 21: $10,485.76
Day 22: $20,971.52
Day 23: $41,943.04
Day 24: $83,886.08
Day 25: $167,772.16
Day 26: $335,544.32
Day 27: $671,088.64
Day 28: $1,342,177.28
Day 29: $2,684,354.56
Day 30: $5,368,709.12

Cheers
Tek

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  1. Old Comment
    jaro's Avatar
    well, lets start today
    permalink
    Posted 10-09-2010 at 09:58 PM by jaro jaro is offline [Show Appreciation] What's This?
  2. Old Comment
    Simit Patel's Avatar
    wow, that really does illustrate the importance of limiting losses -- i.e. sizable losses prevent compounding from happening over the long run.
    permalink
    Posted 10-09-2010 at 10:23 PM by Simit Patel Simit Patel is online now [Show Appreciation] What's This?
  3. Old Comment
    gm228099's Avatar
    holy ****. Awesome!
    permalink
    Posted 10-10-2010 at 12:24 AM by gm228099 gm228099 is offline [Show Appreciation] What's This?
  4. Old Comment
    Tekmnd's Avatar
    Quote:
    illustrate the importance of limiting losses
    Also shows how fast commissions add up. Profit adds up. Interest compounds. Energy runs out. Drinking water runs out.

    And.....
    How fast debt grows-


    Cheers
    Tek
    permalink
    Posted 10-10-2010 at 03:16 AM by Tekmnd Tekmnd is offline [Show Appreciation] What's This?
  5. Old Comment
    jaro's Avatar
    dont worry abt your national debt, it is your creditors problem ... concentrate better on energy, water, food issues

    what abt elijah's farm? go alpaca go!

    lol
    permalink
    Posted 10-10-2010 at 04:57 AM by jaro jaro is offline [Show Appreciation] What's This?
 

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