10,000,000
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$1000 billion
One thousand million dollars makes a billion dollars --------------------------------------------------------------- One Million $ is written as $1,000,000.00 One Billion $ is written as $ 1,000,000,000.00 One Trillion $ is written as $ 1,000,000,000,000 Next is Quadrillion, Quintillion, Sextillion, and Septillion.
If the rate is 6 percent per year, then compounding daily will make no difference. If the rate is 6% per day, then 2000 dollars will be worth approx 1.0042*10^68 dollars. That is approx one hundred million trillion trillion trillion trillion trillion dollars.
Oh, isn't that a fun question! If we're talking about a billion dollars, that's a whole lot of money. You would need 20 billion nickels to make a billion dollars because there are 20 nickels in a dollar. Just imagine all the happy little coins shining and jingling together in a big pile!
No. Not at all. You need to look at place value. 1,000,000,000 is one billion while 1,000,000 is one million. 100 million is only 100,000,000. You need 10 of these (10 x 100,000,000) to get 1 billion. It's just like 100 and 1,000. You need 10 $100 bills to make $1000. You need 10 $1000's to make $10,000. You need 10 $10,000's to make $100,000. You need 10 $100,000's to make $1,000,000. You need 10 $1,000,000's to make $10,000,000. And you need 10 $10,000,000's to make $100,000,000. Finally, you need 10 $100,000,000's to make $1,000,000,000!!! Remember to look at place value. Each place is a multiple of 10.