How much is it worth in USA?is it enough for a business?How long would it last if someone puts it in a bank and lives of profit?
2007-01-21 06:56:49 · 15 answers · asked by STARWAR2002 1 in Business & Finance ➔ Investing
ITS ALOT!! I WANT IT!
2007-01-21 06:59:17 · answer #1 · answered by The H 3 · 1⤊ 1⤋
1) At any moment in the USA it is worth a million dollars.
2) It is enough for many small business'.
3) If you live off the profits only, it will last as long as the government allows profits to exist. (Giving no thoughts to inflation).
2007-01-21 07:06:29 · answer #2 · answered by Puzzleman 5 · 0⤊ 0⤋
A million dollars is worth a lot. But it depends what type of business you want to start as to if a million is enough. I would guess that yes that would cover it. If you live off the interest you could probably live comfortably on that alone. You could get about 3,700 dollars per month. Not bad.
2007-01-21 07:11:23 · answer #3 · answered by en tu cabeza 4 · 0⤊ 0⤋
It's Worth 1 Million Dollars That's way more than enough to start a small business and and keep it running and you could live off it too but how do you plan to get this money ?
2007-01-21 07:06:36 · answer #4 · answered by xpseth 2 · 0⤊ 0⤋
1 million dollars is worth roughly 100 million pennies. And depending on the size of the business this would be grossly insufficient. I wouldn't put it in the bank either, I'd invest it in stock.
2007-01-21 07:00:27 · answer #5 · answered by Infidelus_Prime 3 · 0⤊ 0⤋
It's worth 1 million dollars silly!
2007-01-21 06:59:52 · answer #6 · answered by Sandy 4 · 1⤊ 0⤋
$1 million. That sounds good. It is almost enough to invest and live off the interest, but you wouldn't be able to live the lifestyle of the rich and famous, but you wouldn't have to work. It is more than enough for a lot of businesses, not nearly enough for others.
2007-01-21 08:14:40 · answer #7 · answered by Nelson_DeVon 7 · 0⤊ 0⤋
Considering the median income in the United States is about $30,000. If you kept up that standard of living, make investments to keep up with inflation, it would last you about 33 years. It would also be enough to buy a small business.
2007-01-21 07:07:20 · answer #8 · answered by Count Acumen 5 · 0⤊ 0⤋
Its worth a million dollar in USA... it depends on the type of business you are trying to venture into.... and if you put it in bank, you may earn $6-7K in a month...
2007-01-21 07:11:25 · answer #9 · answered by Lets find the way 2 · 0⤊ 1⤋
3 yaers, Yes, One Million Dollars
2007-01-21 07:01:11 · answer #10 · answered by Anonymous · 0⤊ 1⤋
what??? ummmm last time I checked a million dollars was a million dollars in the USA..
2007-01-21 07:00:06 · answer #11 · answered by lizbabe01 2 · 0⤊ 0⤋