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If you multiply a penny by 2 everyday how long before you have 1 million dollars?
You will double your money to over 1.34 million dollars or day 28.
What is the term for a person with assets over 1000 million dollars?
billion air
What is 7 percent interest over 4 years for 1 million dollars?
The amount of interest that will be paid over 4 years on 1 million dollars is $145,419.75. This figure is configured with an interest rate of 7 percent. The amount can change based on amortization of the loan.
How big is a million dollars?
Based on the research done here (http://www.cockeyed.com/inside/million/million.html) A million dollars worth of $100 bills makes a stack about 40 inches high! If you do the math, that means a Billion is 3,333 feet high and a trillion dollars would make a stack over 3 million feet tall or roughly 630 miles high!!!
How much interest will you earn on 10 million dollars?
The amount of interest you earn on 10 million dollars varies greatly based on the type of investment being made. High return investments can yield over 10% while safer options are around 2 or 3%.
