Million Dollar Man

[Mr. Hui]

Suppose you were given $1,000,000 – but you had to spend it all in one year. How much money would you have to spend per hour to “get rid” of all the money? Round your answer to the nearest penny.

Note: In the United States, 100 cents is equal to one dollar ($).

[Alliesouth]

is it 1 penny every hour every day?:confused:

[lotus_eater]

What do you mean ?
Sidereal year ?
Calendar year ? - normal , average or leap year ?
I guess it's one of those....just pick one.....
* 353, 354 or 355 days — the lengths of common years in some lunisolar calendars
* 354.37 days — 12 lunar months; the average length of a year in lunar calendars
* 365 days — a common year in many solar calendars
* 365.24219 days — a mean tropical year near the year 2000
* 365.2424 days — a vernal equinox year.
* 365.2425 days — the average length of a year in the Gregorian calendar
* 365.25 days — the average length of a year in the Julian calendar
* 365.2564 days — a sidereal year
* 366 days — a leap year in many solar calendars
* 383, 384 or 385 days — the lengths of leap years in some lunisolar calendars
* 383.9 days — 13 lunar months; a leap year in some lunisolar calendars

u can get the result like this :

one of the upper numbers = x
y = x*24
answer = 1.000.000 / y .....so if u pick a year to have 365 days the
answer is 114,155 = 144 $ and 16 cents

[cutie 101]

is it $1141.60 per hour, everyday?!?!:confused: ;) :confused:

[Alex a.k.a whiteboy]

i bet like its 5 pennies a day ohyeah lol

[Mr. Hui]

Your knowledge of calendars is impressive. Since the problem did not specifically label a type of calendar, it can be assumed to be a regular non-leap year calendar. Good work.

[Alex a.k.a whiteboy]

yaaaa toooo impresive?!

[Sillysidley]

I GOT:


It's 1000000/(365*24)

which is $114.16 per hour

Is this right?

[Mr. Hui]

Nice job, lotus eater and somedude.

I like the simplicity of your solution, somedude.

[Hbanana girl]

well... since im smart :icon_biggrin: ... i've gotta say...
114.16 dollars...
man... if i had that kind of $$$ i think i'd spend it all at once...accidently... and i'd give some to the poor...
i SSSSSSSSSSWWWWWWWEEEEEEEAAAAAAAAARRRRRRRRR!!!!!!!! !!!!!!!!!!!!!!!
i didn't copy other peeps...:dry:

[Cookie Dough 7]

i am confused!!!!!!!!!!! i don't get this math stuff because i am a dumb loser!:icon_crying:

[Sillysidley]

1000000/(365*24)

[Sillysidley]

i challenged you...

[Sillysidley]

okay...

and that matters why???????????:confused:

[Scion]

given that its not a leap year there are 365 days and 24 hours in a day multiply divide by million dollars u get $114.16

[Sillysidley]

i c

[Sillysidley]

hey redfire544, we got the answer to that problem a long time ago

[Alex a.k.a whiteboy]

!

[patel3]

1,000,000 divided by 12 (months)

83,333 divided4 (weeks in a month)

20833.25 divided by 7 (days in a week)

2976.1785 divided by 24 (hours in a day)

you should spent 124 dollarsand one penny in order to complete one million

dollars in a year

[patel3]

i think the answer is $114and 16 cents per hour in order to finish the million dollors in a year because:

there are 365 days in a year

there are 24 hours in a day

so 365 times 24 = 8760

now , divide

1,000,000 divided by 8760 = 114.15525

if you round the quotient to the nearest cent the answer should be $114 and 16 cents per hour in order to finish $ 1,000,000 in a year .

[Sillysidley]

This problem is already answered