To be a hundrednaire....
(Save $8.50 every month for 1 year)
$8.50
X12
____
$102
___________________
How to be a thousandnaire....
(Save 84 dollars month for 1 year)
$84
x12
-----
$1,008
_________________
To be a ten-thousandnaire.....
(Save $280 a month for 3 years)
$280
x12
-------
$3, 360 x 3 = $10,080
__________________
To be a hundred-thousandnaire....
(Save $2,800 a month for 3 years)
$2,800
X12
----------
$33,600 x 3 = 100,800
________________
How to be a millionare......
(Save $3,350 a month for 25 years)
$3,350
x 12
---------
$40,200 x 25 = $1,005,000
________________
How to be a Billionaire....
(Save 1.852 million dollars a month for 45 years)
$1,852,000
x 12
---------------
$22,224,000 x 45 = $1,000,080,000
_______________
How to be the richest person..
(save 185.2 million dollars a month for 25 years)
$185,200,000 x 12 x 25 = $55,560,000,000
2007-03-15 14:04:57 · 14 answers · asked by Anonymous in Entertainment & Music ➔ Polls & Surveys
Your math is wrong....unless you're stashing dollar bills in a mattress. You assume you earn no interest on your savings. If you put that in any type of bank account or investment account, you will get a return of some sort over that time.
So you would get to a million (billion, etc) much faster than you calculated.
2007-03-15 14:12:15 · answer #1 · answered by stevejensen 4 · 1⤊ 0⤋
Well it sounds like you pretty much have it all figured out. Now tell me where to get 185.2 million dollars a month to save and you will really know it all!
2007-03-15 21:08:12 · answer #2 · answered by Me, again 6 · 0⤊ 0⤋
You answered your own question--The new elite will be UNTOUCHABLE from generation to generation. Once the Billions rack up there is no way to catch them is there?
2007-03-15 21:07:40 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Can you lend me 20 large please.
What do you think of my savings plan?
2007-03-15 21:11:13 · answer #4 · answered by LAUGHING MAGPIE 6 · 0⤊ 0⤋
it sucks. try getting a job, moving out of your mom's basement and living 'on the down low'.
2007-03-15 21:10:13 · answer #5 · answered by xknyghtmayre 4 · 0⤊ 0⤋
Now put your calculations into practice and see how practical it is.
2007-03-15 21:08:27 · answer #6 · answered by Panda 4 · 0⤊ 0⤋
That's cool you're richer person.
2007-03-15 21:08:15 · answer #7 · answered by Ashisweety 3 · 0⤊ 0⤋
Now if u can only do that!!
2007-03-15 21:07:05 · answer #8 · answered by ? 6 · 0⤊ 0⤋
if only you could make that much money a month!!!!!
2007-03-15 21:10:42 · answer #9 · answered by xswise1 2 · 0⤊ 0⤋
I think you need some help...
2007-03-15 21:07:54 · answer #10 · answered by Just For Fun 6 · 0⤊ 0⤋