How many years would my money last?

Question

If I had 1 billion dollars and spent 1 dollar every second, how many years would pass before the billion is spent?

Answer 1

I think it would be a lot of work to do, so if you have a billion dollars and would like to find out I would be happy to help.

Answer 2

it is easy to divde one billion dollar by 3600x24x365 to reach the number of years. However your one billion dollar must be either in a bank or in an investment to earn considerable interest and also you will need to pay tax on it (either principal, interest, or both). All adds up, you can use www.dinkytown.com to do financial calculations. However, they do not handle number more than 99 million. I guess you are the lucky girl who is above the comfortable limit of an IT wizard.

Answer 3

40 years

Answer 4

Over thirty years.
Are you earning interest? That would change things significantly. And if you have a billion, you'd better have it earning interest!

Answer 5

one dollar a second
60 dollars a minute
3600 dollars an hour
86400 dollars a day
31,536,000 dollars a year
Your money would last 31 years, 258 days, and about 25 minutes.

Should you become a billionaire please keep me in mind...........................

Answer 6

Your money would never run out because every year you will have at least $200,000,000.00 USD more asuming your money is invested in a Mutual Fund returning at least 20% annually.

Answer 7

31.7 years ~
Actually with even only about 5% interest, you would never spend it all, in fact it would grown faster than that.

Answer 8

seek intervention

Answer 9

save it