Here's an easy way to make Yourself a Million Dollars

 

All you need to begin with is a dime -- ten cents. Have you got the dime?

All right -- just double it twenty-four times. That doesn't sound difficult,

does it? Just double a dime 24 times and you'll have better than a million

and a half dollars.

 

Looked at in this light it doesn't seem so difficult, but when you get to the

last five times, it's going to take a good deal of effort. When you're half

through, when you've doubled the dime twelve times, you've only got

$409. 60. But by the time you've doubled that dime sixteen times, you're

up to more than $6, 000. By the time you get to the twentieth time you're

at more than $100, 000. Then 21 – 23, and the next one brings you over

the top with $1,677,721.60

 

It's probably this kind of tinkering with figures that lures people to the

gaming tables everywhere. Barring table limits, twenty-four passes would

do it. Of course if you feel lucky a lottery ticket would do just as well.

The only sure ways of making money are;

 

Man at work or Money at work

 

But you can have fun with this doubling a dime business over the dinner

table with friends, or at a business lunch. You can do this with a penny too.

Oddly enough, while you only have to double a dime 24 times to pass the

million dollar mark, you need only double a penny 27 times to achieve a

similar result. $1,342,177.28

 

This is the magic of compounding Interest

 

 

Dime doubled 24 times

 

Penny doubled 27 times

#

Compound Magic

 

#

Compound Magic

times

The Doubler Calculator

 

times

The Doubler Calculator

1

0.10

x2

$0.20

 

1

0.01

x2

$0.02

2

0.20

x2

$0.40

 

2

0.02

x2

$0.04

3

0.40

x2

$0.80

 

3

0.04

x2

$0.08

4

0.80

x2

$1.60

 

4

0.08

x2

$0.16

5

1.60

x2

$3.20

 

5

0.16

x2

$0.32

6

3.20

x2

$6.40

 

6

0.32

x2

$0.64

7

6.40

x2

$12.80

 

7

0.64

x2

$1.28

8

12.80

x2

$25.60

 

8

1.28

x2

$2.56

9

25.60

x2

$51.20

 

9

2.56

x2

$5.12

10

51.20

x2

$102.40

 

10

5.12

x2

$10.24

11

102.40

x2

$204.80

 

11

10.24

x2

$20.48

12

204.80

x2

$409.60

 

12

20.48

x2

$40.96

13

409.60

x2

$819.20

 

13

40.96

x2

$81.92

14

819.20

x2

$1,638.40

 

14

81.92

x2

$163.84

15

1,638.40

x2

$3,276.80

 

15

163.84

x2

$327.68

16

3,276.80

x2

$6,553.60

 

16

327.68

x2

$655.36

17

6,553.60

x2

$13,107.20

 

17

655.36

x2

$1,310.72

18

13,107.20

x2

$26,214.40

 

18

1,310.72

x2

$2,621.44

19

26,214.40

x2

$52,428.80

 

19

2,621.44

x2

$5,242.88

20

52,428.80

x2

$104,857.60

 

20

5,242.88

x2

$10,485.76

21

104,857.60

x2

$209,715.20

 

21

10,485.76

x2

$20,971.52

22

209,715.20

x2

$419,430.40

 

22

20,971.52

x2

$41,943.04

23

419,430.40

x2

$838,860.80

 

23

41,943.04

x2

$83,886.08

24

838,860.80

x2

$1,677,721.60

 

24

83,886.08

x2

$167,772.16

 

 

 

 

 

25

167,772.16

x2

$335,544.32

 

 

 

 

 

26

335,544.32

x2

$671,088.64

 

 

 

 

 

27

671,088.64

x2

$1,342,177.28

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Copyright Hugh Ashlie All rights reserved.