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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 one million dollars divided by 50 years?
One million dollars divided by 50 years equals $20,000 per year. This means that if you were to spread one million dollars evenly over 50 years, you would receive $20,000 annually.
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!!!
