How many millions is a trillion dollars?
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How many millions is a trillion dollars?
one million million
A trillion is 1,000,000,000,000, also known as 10 to the 12th power, or one million million.
Why are the UK and US billion different?
The old UK meaning of a billion was a million million, or one followed by twelve noughts (1,000,000,000,000). The USA meaning of a billion is a thousand million, or one followed by nine noughts (1,000,000,000). (For any Americans reading, a cheesy wotsit is like a cheeto).
What is higher than a million?
Here are some place values greater than a million: Million: 1,000,000. Billion: 1,000,000,000. Trillion: 1,000,000,000,000.
How much would you do with 10 million dollars?
$10 million can currently generate about $150,000 a year in risk-free income and up to $300,000 in low-risk income. With $150,000 – $300,000 in income, you should be able to live a wonderful live. The question becomes, if you had 10 million dollars, what would you do with it?
What would happen if we gave everyone in America one million dollars?
A: There is a major issue with your premise; giving every person in America one million dollars. This action would in all probability wreck the entire economy by causing massive inflation.
Now that we know 10 million dollars can generate between $150,000 – $400,000 a year without the help from Social Security, let’s go through a budget. I’ve decided to compromise and say 10 million dollars can generate $250,000 a year in relatively low-risk retirement income.
Would government price fixing make a million dollars worth a million?
If everybody had a million dollars then what is a million dollars worth. Government price fixing would only create shortages of goods and services. A million dollars is worth a million dollars only if it created a million dollars or more of value. The value must be created ahead of the payment.