One billion dollar is 1,000,000,000. If we start to spend it at the rate of 1000 dollar per hour. It will finished on 1,000,000,000 / 1000 = 1,000,000 HOURS.
How much would you spend a day with 1 billion dollars?
Question: This means that to spend one billion dollars in a year, you’d need to spend how much per day? Answer: Spending one billion dollars in a year would require spending about $2,739,726.03 per day.
How long would it take to spend a million dollars if you spend 1000 a day?
Imagine someone gave you a million dollars and told you to spend $1,000 every day and come back when you ran out of money. You would return, with no money left, in three years. If someone then gave you a billion dollars and you spent $1,000 each day, you would be spending for about 2,740 years before you went broke.
How long would it take to spend one billion dollars at the rate of?
“How long would it take to spend one billion dollars at the rate of $1,000 per hour?” As Ben Townsend says, 114 years and a bit. However, suppose you had $1,000,000,000 in a lump sum. If you invested it in 10-year US Treasury bonds, you would get about 3% per year, that would be $3,424 per hour.
How long would it take to give away one billion dollars?
Easy to understand alternative asset classes with higher target yields. 1 billion is 1000 million, and 1 million is 1000 – thousands. It will take 1000 hours to give away 1 million which is 41.67 days X 1000 = 41,667 days which is 114.15 years. Send me the check, and I will let you know.
How long would it take to spend one billion dollars at the mall?
1,000,000 / 24 hours in a day = 41,666 days (making an assumption you spend 24 hours a day) However, this did not take into account that you would earning interest on the money let’s assume 2% return per annum, which would be approx 54k a day. For the sake of argument you pay 50% tax, you are still ahead 3k a day….
How much money would you get if you spent 1000 an hour?
However, suppose you had $1,000,000,000 in a lump sum. If you invested it in 10-year US Treasury bonds, you would get about 3% per year, that would be $3,424 per hour. So spending $1000/hr actually lets your investment grow by about 2% per year before tax, or about 1% per year after tax.
