Select the richest guy: A: A guy with USD5,000,000 B: A guy that has just 1 cent but it will be doubled everyday for ONLY 30 days.
At the end of 30 days, guy A will still have USD5,000,000 but guy B will have Day 1 - $0.02 Day 2 - $0.04 Day 3 - $0.08 Day 4 - $0.16 Day 5 - $0.32 Day 6 - $0.64 Day 7 - $1.28 Day 8 - $2.56 Day 9 - $5.12 Day 10 - $10.24 Day 11 - $20.48 Day 12 - $40.96 Day 13 - $81.92 Day 14 - $163.84 Day 15 - $327.68 Day 16 - $655.36 Day 17 - $1,310.72 Day 18 - $2,621.44 Day 19 - $5,242.88 Day 20 - $10,485.76 Day 21 - $20,971.52 Day 22 - $41,943.04 Day 23 - $83,886.08 Day 24 - $167,772.16 Day 25 - $335,544.32 Day 26 - $671,088.64 Day 27 - $1,342,177.28 Day 28 - $2,684,354.56 Day 29 - $5,368,709.12 Day 30 - $10,737,418.24
Guy B will have a whopping USD10,737,418.24
Answer: A guy that has just 1 cent but it will be doubled everyday for ONLY 30 days.
Select the richest guy: A: A guy with USD5,000,000 B: A guy that has just 1 cent but it will be doubled everyday for ONLY 30 days.
At the end of 30 days, guy A will still have USD5,000,000 but guy B will have Day 1 - $0.02 Day 2 - $0.04 Day 3 - $0.08 Day 4 - $0.16 Day 5 - $0.32 Day 6 - $0.64 Day 7 - $1.28 Day 8 - $2.56 Day 9 - $5.12 Day 10 - $10.24 Day 11 - $20.48 Day 12 - $40.96 Day 13 - $81.92 Day 14 - $163.84 Day 15 - $327.68 Day 16 - $655.36 Day 17 - $1,310.72 Day 18 - $2,621.44 Day 19 - $5,242.88 Day 20 - $10,485.76 Day 21 - $20,971.52 Day 22 - $41,943.04 Day 23 - $83,886.08 Day 24 - $167,772.16 Day 25 - $335,544.32 Day 26 - $671,088.64 Day 27 - $1,342,177.28 Day 28 - $2,684,354.56 Day 29 - $5,368,709.12 Day 30 - $10,737,418.24
Guy B will have a whopping USD10,737,418.24
Answer: A guy that has just 1 cent but it will be doubled everyday for ONLY 30 days.
BY Riddles Repository - Answers
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Like a stock, you can buy and hold Bitcoin as an investment. You can even now do so in special retirement accounts called Bitcoin IRAs. No matter where you choose to hold your Bitcoin, people’s philosophies on how to invest it vary: Some buy and hold long term, some buy and aim to sell after a price rally, and others bet on its price decreasing. Bitcoin’s price over time has experienced big price swings, going as low as $5,165 and as high as $28,990 in 2020 alone. “I think in some places, people might be using Bitcoin to pay for things, but the truth is that it’s an asset that looks like it’s going to be increasing in value relatively quickly for some time,” Marquez says. “So why would you sell something that’s going to be worth so much more next year than it is today? The majority of people that hold it are long-term investors.”
Among the actives, Ascendas REIT sank 0.64 percent, while CapitaLand Integrated Commercial Trust plummeted 1.42 percent, City Developments plunged 1.12 percent, Dairy Farm International tumbled 0.86 percent, DBS Group skidded 0.68 percent, Genting Singapore retreated 0.67 percent, Hongkong Land climbed 1.30 percent, Mapletree Commercial Trust lost 0.47 percent, Mapletree Logistics Trust tanked 0.95 percent, Oversea-Chinese Banking Corporation dropped 0.61 percent, SATS rose 0.24 percent, SembCorp Industries shed 0.54 percent, Singapore Airlines surrendered 0.79 percent, Singapore Exchange slid 0.30 percent, Singapore Press Holdings declined 1.03 percent, Singapore Technologies Engineering dipped 0.26 percent, SingTel advanced 0.81 percent, United Overseas Bank fell 0.39 percent, Wilmar International eased 0.24 percent, Yangzijiang Shipbuilding jumped 1.42 percent and Keppel Corp, Thai Beverage, CapitaLand and Comfort DelGro were unchanged.
