Sunday, May 23, 2010

A Penny Saved Makes Good Cents

By Bill Kirk

“A penny for your thoughts”
Is what they used to say.
I think a thought’s
Now worth much more
Than what they used to pay.

“I’ll give you my two cents worth”
Is what they used to say.
Although two cents
Are more than one,
They’re not worth much today.

“Don’t take a wooden nickel”
Is what they used to say.
Were nickels made
Of plain old wood,
Way back in Grandpa’s day?

I guess that’s why my Grandpa,
Saves pennies all the time.
When he has ten,
He trades them in,
So he’ll have one “thin dime.”

A dime times ten’s a dollar,
And each day he adds more.
“If you will save,”
He said to me,
“One day you’ll have a score.”

Then Grandpa made a riddle.
“Imagine if you can,
A single cent,
When multiplied,
Will make a wealthy man.”

“For one month, put your pennies
Inside this treasure chest.
Then you can keep
A million bucks,
If I can have the rest.”

He said that if I doubled
My pennies every day.
Then after just
A single month
Is when he’ll gladly pay.

At first that deal seemed perfect
And something I should pick.
But, then again,
A riddle might
Be just a little trick?
.
I’d better use a table
To test his penny game—
So we will know
Our daily counts
Are multiplied the same.

1 = $.01
2 = $.02
3 = $.04
4 = $.08
5 = $.16
6 = $.32
7 = $.64
8 = $1.28
9 = $2.56
10 = $5.12
11 = $10.24
12 = $20.48
13 = $40.96
14 = $81.92
15 = $163.84
16 = $327.86
17 = $655.36
18 = $1,310.72
19 = $2,621.44
20 = $5,242.88
21 = $10,485.76
22 = $20,971.52
23 = $41,943.04
24 = $83,886.08
25 = $167,772.16
26 = $335,544.32
27 = $671,088.64
28 = $1,342,177.28
29 = $2,684,354.56
30 = $5,368,709.12

$5,368,709.12 - $1,000,000 = $4,368,709.12

I guess my million dollars
Is really quite a heap.
But look how much
In thirty days
My Grandpa gets to keep.

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