If I had a Billion dollars and spent $10,000.00 per day, How many years would it take to spend the billion?

Question

If I had a Billion dollars and spent $10,000.00 per day, How many years would it take to spend the billion?

Answer 1

I think it would take 100 years.

Answer 2

I might be wrong, but I think it will take you app. 274 days.  

Answer 3

Sorry to say this, but if you cannot do this simple math (even including interest accumulation), what makes you think that you will ever have a billion bucks?/

Answer 4

It looks like someone has started back to school and needs help with homework!

In scientific type notation.

1 billion is 1x10E9 (1 followed by 9 zeros)

10,000 is 1x10E4 (1 followed by 4 zeros)

Divide one by the other and you wind up with 1x10E5(1 followed by 5 zeros)

Divide that (100,000) by 365 days to get the number of years.

Answer 5

1,000,000,000 divided by 10,000 = 100,000 days

100,000 days divided by 365 days a year would be close to 274 years

i think you would be just fine,, that is only if you had 1 billion in cash and not invested in anything at all.. please give me some of that billion as you will not live 274 years

Answer 6

You wouldn't have to use the billion dollars. Stick it into some safe investments or bank and you can get back 4-8% a year. Thats 40-60 million dollar a year. If that really happens, you make around 109,589 - 164,4383 $ a day.

You would have plenty left over.

I don't think I can use all that money in a week ^.^