document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=590908>Question 590908</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You recieve a penny on January 1st, two cents the next day, four cents the next and so on,doubling every day. How long will it take to be a millionaire? Suppose you started with a nickle and doubled, how long before you were worth a million dollars? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #375455 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=375455\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> You recieve a penny on January 1st, two cents the next day, four cents the next and so on,doubling every day. How long will it take to be a millionaire?<BR>\n" );
document.write( "---<BR>\n" );
document.write( "The total each day is <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2%5Ed+-+1 ALIGN=MIDDLE  ALT=\"2%5Ed+-+1\"   DISABLED_style= \"max-width:90%; height:auto;\" > cents.<BR>\n" );
document.write( "$1,000,000 = 100,000,000 cents.<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2%5Ed+-+1+=+100000000 ALIGN=MIDDLE  ALT=\"2%5Ed+-+1+=+100000000\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2%5Ed+=+99999999 ALIGN=MIDDLE  ALT=\"2%5Ed+=+99999999\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "d*log(2) = log(99999999}<BR>\n" );
document.write( "d = log(99999999)/log(2)<BR>\n" );
document.write( "d =~ 26.575 days<BR>\n" );
document.write( "--> 26 days<BR>\n" );
document.write( "-------------------<BR>\n" );
document.write( " Suppose you started with a nickle and doubled, how long before you were worth a million dollars?<BR>\n" );
document.write( "$1,000,000 = 100,000,000 cents = 20,000,000 nickels<BR>\n" );
document.write( "Amt = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=5%2A%282%5Ed+-+1%29+=+100000000 ALIGN=MIDDLE  ALT=\"5%2A%282%5Ed+-+1%29+=+100000000\"   DISABLED_style= \"max-width:90%; height:auto;\" > <BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2%5Ed+-+1+=+20000000 ALIGN=MIDDLE  ALT=\"2%5Ed+-+1+=+20000000\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2%5Ed+=+19999999 ALIGN=MIDDLE  ALT=\"2%5Ed+=+19999999\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "d*log(2) = log(19999999}<BR>\n" );
document.write( "d = log(19999999)/log(2)<BR>\n" );
document.write( "d =~ 24.25 days<BR>\n" );
document.write( "--> 25 days<BR>\n" );
document.write( "----------------<BR>\n" );
document.write( "Not much difference.  If you multiply by 5 each day, it was reduce the time more drastically.<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );