That would depend on several variables:
-- The interest rate on the debt.
-- How often you make a payment.
-- The amount of each payment.
(1 trillion) / (1,000) = 1 billion seconds = 31.7 years(rounded)
The currency is $ therefore A trillion means a million million. 1,000,000,000,000 A billion means a thousand million. 1,000,000,000 It would therefore take 1,000 days.
If there is no additional interest on the debt, so that it doesn't grow during the time you're paying it off, then at the rate of $5,000 per second, you can pay off $16 trillion in only 101.4 years.
You could spend a fraction of a penny every second and spend a trillion dollars over a very long time. However to spend a trillion dollars in a certain amount of time it's $(1000000000 / Months * 2678400) per second. So over 5 months it would be about $76.67 per second.
What denomination notes.
It would take you roughly 2739 years to spend one trillion dollars at that rate.
(1 trillion) / (1,000) = 1 billion seconds = 31.7 years(rounded)
Over 3 trillion before implementation. Estimates of 12 trillion in the first 10 years, and we will be in debt long after most of us are dead and buried.
A trillion divide by 1000 = a billion - that is, a billion days. That's over 5 million years.
The us isn't the richest country we owe chaina 14 trillion dollars were in debt its Saudi Arabia the richest country
The currency is $ therefore A trillion means a million million. 1,000,000,000,000 A billion means a thousand million. 1,000,000,000 It would therefore take 1,000 days.
194 years, 11 months, 5 days
If there is no additional interest on the debt, so that it doesn't grow during the time you're paying it off, then at the rate of $5,000 per second, you can pay off $16 trillion in only 101.4 years.
You could spend a fraction of a penny every second and spend a trillion dollars over a very long time. However to spend a trillion dollars in a certain amount of time it's $(1000000000 / Months * 2678400) per second. So over 5 months it would be about $76.67 per second.
What denomination notes.
It would take one thousand days to pay off 1 billion dollars at 1 million dollars per day. It would take one thousand days to pay off 1 trillion dollars at 1 billion dollars per day. Therefore, it would take 1000 x 1000 days, or 1 million days to pay off 1 trillion dollars at 1 million dollars per day. This is roughly equal to 2,740 years. That is assuming there is no interest on the principal.
one trillion seconds.