The Magic of Compounding
What would you rather have?
A) One million dollars on January 1st
	or
B) The compound value of 1 cent doubled every day during January?
1-Jan		$0.02
2-Jan		$0.04
3-Jan		$0.08
4-Jan		$0.16
5-Jan		$0.32
6-Jan		$0.64
7-Jan		$1.28
8-Jan		$2.56
9-Jan		$5.12
10-Jan		$10.24
11-Jan		$20.48
12-Jan		$40.96
13-Jan		$81.92
14-Jan		$163.84
15-Jan		$327.68
16-Jan		$655.36
17-Jan		$1,310.72
18-Jan		$2,621.44
19-Jan		$5,242.88
20-Jan		$10,485.76
21-Jan		$20,971.52
22-Jan		$41,943.04
23-Jan		$83,886.08
24-Jan		$167,772.16
25-Jan		$335,544.32
26-Jan		$671,088.64
27-Jan		$1,342,177.28
28-Jan		$2,684,354.56
29-Jan		$5,368,709.12
30-Jan		$10,737,418.24
31-Jan		$21,474,836.48