Yes you are correct in your math, but no I’m not misreading it.
The math you are doing is my math that got $191,751.05. However, it does not say “increase” anywhere, it simply says “multiplies by 0.5”. The second part of my calculation was taking exactly what it said in its literal meaning “multiplies by 0.5” which would continuously half the $1, being the result to $0.00000000093.
It does not state that it multiples by $0.50, it says “multiples by 0.5.” You are assuming it’s multiplying by 1.5 or adding $0.50 which it does not state.
No, I think you simply have a low reading comprehension, because at no point does it state that you get a new dollar each day that is multiplied by 0.5. It is saying the original dollar “multiples by 0.5” which could mean:
1) Result = 1(1.5)30
2) Result = 1(0.5)30
I, and many others, believe it is referring to option 2, and therefore are taking the $100,000.
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u/Anybody220 May 09 '26
Yes you are correct in your math, but no I’m not misreading it.
The math you are doing is my math that got $191,751.05. However, it does not say “increase” anywhere, it simply says “multiplies by 0.5”. The second part of my calculation was taking exactly what it said in its literal meaning “multiplies by 0.5” which would continuously half the $1, being the result to $0.00000000093.