The equation for the amount you have reached on a given day is 2n-1, where n is the days since starting. For example, on the first day 21-1 = 1 penny, while 2200-1 = 8.035 x 1059 pennies on the two-hundredth day, and 2365-1 = 3.758 x 10109 pennies on the last day.
The equation for the whole amount is Σ1365 (2n-1), where the sigma represents the sum of a series and the range is from day 1 to day 365.
: Another way of looking at it, which doesn't involve scary "sigma" signs, is this:
Whereas X is set equal to "the number of pennies one would receive on the last day of the year after starting with one penny and doubling it every day", then X would equal 2 to the 364th power.
2 to the zeroth power is one. First day.
2 to the first power is two. Second day.
2 to the second power is four. Third day.
2 to the third power is eight. Fourth day.
Etc. Note that each power is one less than the day in question. Therefore, 2 to the 364th power would show you how many pennies you would receive on the 365th day.
However, one must then perform this equation, for the total number of pennies one would have at the end of the year:
2 to the zeroth plus 2 to the first plus 2 to the second...plus 2 to the 362nd plus 2 to the 363rd plus 2 to the 364th = Y, whereas Y is equal to "the total number of pennies one would have at the end of the year".
Yet, an easy short cut is to realize that one need only take the value of X (which is equal to how many pennies you receive on the last day of the year) and subtract one, in order to see how many pennies you had received on the first 364 days of the year total!
Then add that amount to X, and you will have Y (which is equal to the total amount of pennies you have for the whole year). Or, X plus (X-1) = Y.
Assuming 365 days: Doubling a penny 365 days means you would have 2365 pennies after 365 days. That's something on the order of 3.76 x 10109 cents, which is about $3.76 x 10107 in cold, hard American cash.
If you keep doubling it for one month, you will already have 10737413,11 dollars.
365 pennies = $3.65
The value of an orange one half penny varies by the year of the penny and the condition.
it is unknown becasue of the change of pennys evry year
Assuming 365 days: Doubling a penny 365 days means you would have 2365 pennies after 365 days. That's something on the order of 3.76 x 10109 cents, which is about $3.76 x 10107 in cold, hard American cash.
If you keep doubling it for one month, you will already have 10737413,11 dollars.
$1.53
A LOT of them - around 6 billion, in fact.
365 pennies = $3.65
he makes one penny every year
To date, no certified examples of a reverse doubled-die 1966 Lincoln cent exist. Mechanical doubling is likely what you see, not a true doubled-die error. Mechanical doubling is the most common type of doubling on U.S. coins and is most often confused with doubled dies, this doubling is extremely common with numerous examples being produced on all denominations every year. It's value is only what someone is willing to pay.
Well, doubling your penny could be expressed as 2d where d equals the amount of days you have been doubling. So a year would be 2365 or 7.51533626 X 10109 (109 zeroes). This equates to $751,533,626,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000, 000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000.00 I'm pretty sure that's more than a google. BUT WAIT: THERE'S MORE! If you keep the money from each day, you would need to turn this into a permutation. This means its 2365 X 2264 X 2363X 2362... all the way to 21. This is way too much money and I don't even think there is a name for this number.
we give our kids a penny- a nickel for every orange they pick up in our backyard
The Penny Black was invented in the year 1840 in memory of QUEEN VICTORIA
That really depends in what country and what year the penny was minted.
Who knows. If all of a sudden, for some bizarre reason, every coin collector in the world wanted a 1943 Australian Penny, it could be worth $1,000 or more tomorrow.