How long would it take a penny ($ 01) to reach 1 million dollars ($1,000,000) if you doubled the sum every day For example, the first day you have 01, the second day it doubles to 02, the third day it doubles to 04, the fourth day it doubles to 08 and so on Think about the values inputted into N, I,PV, FV and solve for N Choose the closest time period 12,250 years 10 years A month A year

Question

How long would it take a penny ($ 01) to reach 1 million dollars ($1,000,000) if you doubled the sum every day  For example, the first day you have  01, the second day it doubles to  02, the third day it doubles to  04, the fourth day it doubles to  08    and so on    Think about the values inputted into N, I,PV, FV and solve for N  Choose the closest time period  12,250 years  10 years  A month  A year

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How long would it take a penny ($.01) to reach 1 million dollars ($1,000,000) if you doubled the sum every day? For example, the first

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