Posted by **Tiffany** on Wednesday, May 30, 2012 at 4:14pm.

Imagine that I am hiring you to work for me for the next month (30 days). Would you rather have $10,000 in a single payment on the 30th day? Or would you rather be paid by the following schedule: on the first day, $0.01; on the second day, $0.02; on the third day, $0.04; on the fourth day, $0.08; and so on, doubling your daily salary each day for the whole month?

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