SOLUTION: If I place 1 cent on the first square of a chess board, 2 cents on the second, and then double it on each square, how much money will be placed on the 16th square?

Question 838232: If I place 1 cent on the first square of a chess board, 2 cents on the second, and then double it on each square, how much money will be placed on the 16th square?
Found 2 solutions by richwmiller, Fombitz:
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
This was answered yesterday for the 14th square.
1,2,4,16
2^(n-1)
2^(16-1)
2^(15)=$327.68
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
The amount of money goes up as powers of 2.

When ,

You would need to place $327.68 on the 16th square

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