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Don't forget that you have to add up the price for all the individual nails. So your calculation is correct for finding the price of the final nail. I don't remember if there is a formula for doing a sum of numerous equations. There must be, and I just can't remember it.
When I break out my calculator and do a tedious 3 minutes of punching numbers in, I get a total of $42,949,652.95
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