Peter Gulia Posted May 13 Posted May 13 What amount is $4,000,000,000,000 if a writer uses only the “4” and replaces the many zeroes with one word? Peter Gulia PC Fiduciary Guidance Counsel Philadelphia, Pennsylvania 215-732-1552 Peter@FiduciaryGuidanceCounsel.com
CuseFan Posted May 13 Posted May 13 Isn't that trillion? The 7-9 zeros are the millions with 10-12 then billions so next comes trillions. Bri 1 Kenneth M. Prell, CEBS, ERPA Vice President, BPAS Actuarial & Pension Services kprell@bpas.com
Peter Gulia Posted May 13 Author Posted May 13 Thought so, but I’m glad to have a smart person check me. In the last section of yesterday’s 389-page markup of title XI (Ways and Means) for a budget-reconciliation bill, that amount would be the proposed increase in the US debt limit—31 U.S.C. § 3101(b). Peter Gulia PC Fiduciary Guidance Counsel Philadelphia, Pennsylvania 215-732-1552 Peter@FiduciaryGuidanceCounsel.com
david rigby Posted May 14 Posted May 14 Better than counting zeros (because a number might not have any zeros), you can count the commas: one million has 2 commas, 1 billion has 3 commas, 1 trillion has 4 commas, etc. Peter Gulia 1 I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
Paul I Posted May 14 Posted May 14 By way of an analogy, $4 trillion is a stack of $1 bills that extends 32,564 miles beyond the moon. If you wish to count by weight, that would be 88,152,472 pounds of $1 bills.
CuseFan Posted May 14 Posted May 14 23 hours ago, Peter Gulia said: glad to have a smart person check Flattered, I occasionally get things right, you know, blind squirrel! Kenneth M. Prell, CEBS, ERPA Vice President, BPAS Actuarial & Pension Services kprell@bpas.com
BG5150 Posted May 15 Posted May 15 I think in some European countries they would call it 4 billions. QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
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