## How many men paid for a total amount of $262,143.75 if the first person to arrive only paid 25 cents?

**Problem**

In a fund raising show, a group of philanthropists agreed that the first one to arrive would pay 25¢ to enter, and each later would pay twice as much as the preceding person. The total amount collected from all of them was \$262,143.75. How many of them paid?