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Spending a million dollars wisely is probably just as difficult or easy as creating it. Most conservative people would look for an investment that would produce more income, and you could spend less at once, but much more over a period of time.
Charitable contributions are another way to benefit from spending, as they will usually reduce your taxes while doing good in the community.
It would be easy to spend profligately on such things as personal advertising, furniture, clothing, cars, and home rental. Few of these would qualify as an investment. There are also expensive hobbies such as deepsea treasure hunting and exploratory expeditions. Aircraft fees and boat costs can easily eat a million dollars in a very short period of time.
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∙ 13y ago
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How many years will it take to spend a million dollars if you spend one hundred a day?
one
How many years will it take to spend one million dollars if you spend one hundred dollars each day?
27 years
How many years will it take to spend one million dollars if you spend one hundred dollars a day?
27.4 years
Received of 1 dollars but you have to spend it at the rate of one million dollars per second How long will it take you to spend the mole of dollars?
it would take over 19 million years
Is one million dollars a lot?
No, not very much regardless of your income. The average American will spend about 1 million dollars in their lifetime. Wealthier people will spend more.
What is the first thing you do if you won one million dollars?
spend it all
How do you spend one million dollars?
one penny at a time... Until it is all gone
If you spent 1 million a day how many days to spend a trillion dollars?
A trillion is a million million, so it would take one million days at $1 million a day to spend a trillion. One million days is about 2737.85 years .
How long would it take to spend 1 trillion dollars if you spent a million dollars a day?
It would take you roughly 2739 years to spend one trillion dollars at that rate.
If you spend a million dollars a day how many years would it take to spend one mole of dollars?
It would take 1.65 x 10^15 years
How long would it take to spend a million dollars if you spend 5000 dollars a day?
200 days
What do Americans spend 10 million dollars per day?
They spend $10 million on potato chips.
