2 Choices, 1 Allowance

You are given the choices of either $100 for the next 4 years or get paid $.01 on the first day and the next day doubles what the previous day had. If you chose the one that doubles that will definitely get you more money! the graph to the left shows us the money you would get everyday and how much you would have in total for the penny allowance. In total you would earn around $10,750,000. That is a lot of money just for one month.