Solved: There is a legend of a king who wanted to reward a boy for a good deed. The king

Chapter 11, Problem 29

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There is a legend of a king who wanted to reward a boy for a good deed. The king gave the boy a choice. He could have $1,000,000 at once, or he could be rewarded daily for a 30-day month, with one penny on the first day, two pennies on the second day, and so on, receiving twice as many pennies each day as the previous day. How much would the second option be worth?

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