well it depends on how long you keep that million dollars in the bank if you kept it in the bank for 3 days you would have one more dollar than you did
At current interest rates 3 billion dollars would earn about 30 million dollars a year before taxes.
It would take 1000 days to spend a million dollars at the rate of 1000 dollars per day. (1000 times 1000 is 1000000.) This answer excludes interest accrual, which would make the million dollars last a few days longer.
The interest earned on three hundred million dollars in a year depends on the interest rate applied. For example, at a 1% annual interest rate, it would generate $3 million, while at a 5% rate, it would yield $15 million. To calculate the exact amount, multiply the principal ($300 million) by the interest rate (expressed as a decimal).
Depends on the interest rate, how often interest is being compounded, and the length of time that the investment is left in the bank.
Have 36.5 million dollars and invest it at 2% interest.
Deposit $8 million at 1% interest.
If the interest rate is 5%, multiply 8,000,000 by 0.05. You would get $400,000 in interest.
To make 1 million dollars using nickels, you need to determine how much one nickel is worth. Since a nickel is worth 0.05 dollars, you would divide 1 million by 0.05. This calculation shows that it would take 20 million nickels to make 1 million dollars.
You can make a million dollars but it will probably be very challenging. You would need to begin your own business or invest in order to make that kind of money.
It depends on what economy you are talking about.
one million seconds
To find out how many nickels it takes to make 1 million dollars, first note that one nickel is worth $0.05. Divide 1,000,000 by 0.05, which equals 20,000,000. Therefore, it would take 20 million nickels to make 1 million dollars.